Who Benefited the Most?

For those of you who already have or will soon be losing your jobs with Cabela's due to the recent Bass Pro acquisition of Cabela's you should know that this situation is not all doom and gloom - a very small few hit the lottery on the backs of the rank and file Outfitters (and yes, those are Millions):

(Source: SEC Form 4 filing of September 25, 2017)

Jim Cabela $689,130,624

Michael McCarthy $96,589,747.50

Ralph Castner $25,115,432

Dennis Highby $21,462,393

Tommie Millner $12,972,933

Charles Baldwin $4,820,001

Doug Means $2,019,599

Sean Baker $1,943,277

Scott Williams $1,910,559

Ted Armstrong $1,431,659

John Edmunson $889,044

Beth Pritchard $520,044

James Wright $260,698.50

Donna Milrod $186,406.50

Peter Swinburn $162,175.50

So, if you happen to run into any of these ex-leaders of Cabela's you might want to thank them for their months (in the case of some of the Board members) or years of service and rest easy knowing that they won't have to worry about mortgage payments, utility bills, kid's college educations.....Cabela's failure to thrive really did pay off for a few :)

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The rumor that the CFO is being retained by Bass Pro raises several questions. It has been said that Bass Pro does not have a CFO, if that is correct they seem to have done okay without that position, but they are a private company without all the quarterly reports etc. However, they may need to keep the CFO around not to find the money, but understand all the non GAAP transactions and all the hidden past due accounts that have been let slide to make company look more profitable. I would not think Bass Pro would want to pay 1.4 million a year for long to have someone in charge who dutifully monitored the death of his company.

When is the CFO going to be shown the door?

Castner, the CFO, bought a ton of stock in 2008 when it was $4 a share in addition to exercising a chunk of options. If the amount above is correct, that's about 408,381 shares at the sale price. So what was their monetary buyouts in addition to the stock?

They just left

Laurel and Hardy. New faces and downsizing at the same time.

So who is replacing the three stooges?

The shares reported that the CFO sold on Monday does not equal out to 9224 shares acquired since early 2016. If he sold 4,655,673 worth of stock on Monday divided by 61.50 per share it is 75,702 shares of stock unsure how much was purchased or was it bonuses

So they have been officially walked out the door?

Thomas milliner , Scott Williams and Charles Baldwin are done.....

Who is next in line ?

Actually important news. Thanks for sharing

Particularly impressive was the financial acumen of Cabela's Chief Financial Officer. From February 22, 2016 to March 2, 2017 (while Cabela's was tanking) the CFO acquired 9,224 shares of Cabela's stock at a price of $1,646,576 and on Monday sold it for $4,655,673; a nice little profit of $3 million - sweet! You have to love those guys that have a solid financial mind and know how to make a quick buck - maybe not keep a company financially afloat but definately make a buck personally :)

Old news!!! This horse is dead, you stop can stop beating it now.

Thread regarding Cabela's Inc. layoffs

Who Benefited the Most?

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