Create an Account
username: password:
 
  MemeStreams Logo

E*Trade downgrades CEO's pay - Tech News - CNET.com

search

Decius
Picture of Decius
Decius's Pics
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

Decius's topics
Arts
  Literature
   Sci-Fi/Fantasy Literature
  Movies
   Sci-Fi/Fantasy Films
  Music
   Electronic Music
Business
  Finance & Accounting
  Tech Industry
  Telecom Industry
  Management
  Markets & Investing
Games
Health and Wellness
Home and Garden
  Parenting
Miscellaneous
  Humor
  MemeStreams
Current Events
  War on Terrorism
Recreation
  Cars and Trucks
  Travel
Local Information
  United States
   SF Bay Area
    SF Bay Area News
Science
  Biology
  History
  Math
  Nano Tech
  Physics
Society
  Economics
  Politics and Law
   Civil Liberties
    Internet Civil Liberties
    Surveillance
   Intellectual Property
  Media
   Blogging
Sports
Technology
  Computer Security
  Macintosh
  Spam
  High Tech Developments

support us

Get MemeStreams Stuff!


 
E*Trade downgrades CEO's pay - Tech News - CNET.com
Topic: Economics 12:25 pm EDT, May 10, 2002

"In 2001, Cotsakos pulled in $4.9 million in salary and bonus, according to documents filed with the Securities and Exchange Commission. E*Trade also forgave a $15 million loan to Cotsakos last year, gave him $15.2 million to pay the taxes related to forgiving of that loan, paid him $29 million worth of restricted stock, and contributed more than $9 million toward a supplemental retirement plan.

In that same year, E*Trade posted a loss of $241.5 million, or 73 cents per share."

E*Trade's CEO salary is 30% of their annual loss!!

E*Trade downgrades CEO's pay - Tech News - CNET.com



 
 
Powered By Industrial Memetics
RSS2.0