No, not Kim Jong Un but close
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/sabre-corporations-nasdaq-sabr-ceo-104407105.html
7 replies (most recent on top)
There is nothing wrong with stability, although the outages while producing no new products were quite similar to the # of outages while producing a ton of new products and doing monthly releases at the same time. i'm not really sure i agree with the stability statement. You are correct in that its less chaotic, but the prime reason behind that is because theres practically very little new development going on. We didn't really ever fix the SDLC.
Finally, in a software company if you aren't innovating you’re dying. your competition certainly is innovating regardless of if you’ve seen it hit the market yet. Nothing wrong with moving to the cloud, but keep in mind this is maintenance.
Playing devils advocate here for a moment, for those of you who have been with the company for a long time, when have you ever seen such a forward looking view of the company,s future? Moving to the cloud is happening, NDC is happening and this is now a much more focused company. SM is responsible for that and you would expect him to be remunerated appropriately. Is $11m appropriate? I dont know.
Even after the last layoff there's still plenty of people in Sabre making more dollars per hour than SM.
How's that?
x/0 = ∞
Luckily they aren't making $10m/year.
Just more looting of a corporation by its upper management. There was a time when an American CEO would have been ashamed to take home that kind of money when it is so much more than his avg workers pay. No more. No sense of shared duty, or honor. No sense that just because you can get, doesn't mean you should. Sabre not alone in this, but not the company you want to be in.
Our data indicates that Sabre Corporation is worth US$6.3b, and total annual CEO compensation is US$11m. (This is based on the year to December 2018). We think total compensation is more important but we note that the CEO salary is lower, at US$943k. We examined companies with market caps from US$4.0b to US$12b, and discovered that the median CEO total compensation of that group was US$6.9m.
So he's overpaid and we're underpaid. This surprises you how?