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