BD employees are getting laid off after hurricane Helene and before hurricane Milton, while CEO gets raises. Was told not to say anything.
BD reported total compensation for CEO Tom Polen at $17.3 million in fiscal 2023 (ended Sept. 30, 2023), up 3.6% from the year before. Polen’s pay included a $1.3 million salary, $9.5 million worth of stock awards, $4 million worth of stock appreciation rights awards, and $1.9 million in cash bonuses for the company’s performance incentive plan (PIP
This post is a little unfair. Tom works really hard to run the company into the ground and make the environment toxic. Maybe that is reasonable compensation for all that effort? The guy probably doesn’t sleep with all the ideas running through his head on how he can possibly gaslight and torture more employees.
CEO compensation has nothing to do with performance
Looks like they are keep acquiring new companies. Revenue from Parrata, medbank are red. bad investments. So to recoup from investments, they are laying off. Thats what going on. What I am hearing 2025 strategy is cause. I am not sure how this going to look like Apr 2025. Hope they met their target to stop bleeding.
Amazing with all the cutbacks that crack head continues to get richer for running the company into the ground.