Steinhafel's severance will be bigger than severance received by 17,000 people working in Canada that are losing jobs. In short, they'll take home 61 million USD, while the Canadians (all 17,000 of them) will take home around 56 million USD. Now, try to make sense out of this? You have a person who failed miserably at anything he touched, security breaches, strategic mistakes, brand deterioration, store closures, lost market share, the Canadian debacle and he gets to take home more money than an army of hard working people. What's going on here guys, how did we get here, where are shareholders, where is the board, where are shareholder activities, where is government, this is all simply a big robbery?
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Gotta love our board of directors. Gregg 'pretty hairdo' 3G is laughing all the way...