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L0RDZ (82.16)

Ron Johnson... still overpaid despite the 97% pay cut ?

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April 03, 2013 – Comments (2) | RELATED TICKERS: JCP

http://finance.yahoo.com/news/j-c-penney-slashes-pay-004014435.html

HMM  I  wonder  if  he'll actually start doing less work  now  that  his pay  had been cut ?

Coming  from  the  (corporate)  jungle being on  the  front  lines,   it  makes  me  giddy  what  they actually  pay (over pay)  what  is  suppose  to be top  management.

Now  don't  get me wrong  I  have  no  inside  knowledge  about  Ron,  but  from  the  words  on  the streets,  lets  just  say  that  he  often arrives  at  his office  extremely late  and  leaves  very  early.

Nice work  if  you  can  get  away with it.

Now  granted the  success  or  failure  of  many  organizations  often are  dependant  upon  the  most  lowly of  employees  who  despite the many  idiots above  them,   work   their  butts off  to  earn a  living  to  feed  themselves and  their  families.

Sadly,  they  probably  could  have had  placed some  cashier  and  he  or  she  probably  would have  done  a  better  job  than  Ron  as  CEO.

Sadly,  Ron  will probably be  offerred  some  high ranking  management  job  just  as  soon  as  the  fools  at   JC   realize  that  he  needs  to  go.

Sure  you  can  feel  sorry  for  Ron,  how  will  he  be able to afford  the  lifestyle  of  coming  into work whenever ?  leave  whenever ?  and  still  earn  millions  of  dollars  for  helping to  tank  the  company  and it's stock price.

It  will  be  hard  for  him to have to fly  first  class  to return to his  family,  rather  than  be  flown  in  the corporate  jet.

Why on earth  does  JC  P  have a  corporate jet ?

Anyways,  thats my  story  and  I'll stick  behind  it.

 

 

2 Comments – Post Your Own

#1) On April 03, 2013 at 10:14 PM, Turfscape (44.18) wrote:

He's not the only overpaid Ron Johnson.

 http://www.ronjohnson.senate.gov/public/

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#2) On April 08, 2013 at 5:17 PM, L0RDZ (82.16) wrote:

News  break  Ron  gets  fired  !!!!

 JCP stock spikes  in  after  hours  trading...

 

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