Got my Weatherford stock voting Proxy and was SHOCKED to see Danner getting bonuses in the millions while WFT employees got furloughs and layoffs! Disgusting...greedy leaders! If the board members and Danner took a one year salary of a "normal" CEO, millions of dollars could be put to better use and many jobs could have been saved plus WFT might not be in the cash dilemma it is in.
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It was 500 million that they couldn't account for.
Stop crying... The majority of CEO's make millions. If you don't like it, start your own company and be CEO. He employs thousands of people. Who do you employ?????
A company that has no Merit gives no raises
Where's my merit raise?
Hmm, what ever happen to the 5 million dollars they couldn't account for 2 years ago. Oh wait found it in Bernies wallet
Anyone surprised??? Some things never change. More rats to bail this sinking ship......
It sucks but what can you do? WFT is an Irish company so he gets to pick his pay. Even a shareholder revolt wouldn't do much since 3/4 of the shares are held by institutions who really don't care about layoffs.
Either you keep on working or you don't. Not much we can do about the top from here.
yep that's how it works disgusting I cant remember the exact year maybe 2013? anyway Bernie's basic salary $1M then added bonuses and shares total around $13M any other industry there would be a shareholder revolt this industry its just the norm. Always laugh when money saving memos come through this should start from the top its just stinks of double standards.