Wednesday, 15 July 2015

Them that's got shall have,............a whole lot more

This very pertinent comment has been given its own posting in order to highlight the crucial points it makes.

Anonymous has left a new comment on your post "Progress Report":

While we are "discussing" whether or not we will be getting an almost zero salary increase and/or bonus, the Proxy Statement for this year's Stockholders Annual Meeting reveals some interesting numbers. Here are the total FY2015 compensation numbers for the 6 members of the CSC Executive Committee...

J. Michael Lawrie $15,353,880
Paul N. Saleh $4,492,392
Romil Bahl $5,304,472
Ashish Mahadwar $4,283,596
James R. Smith $3,047,853
Gary M. Budzinski $3,369,514

That's $36 Million split between 6 individuals. That is truly obscene when the workers are slaving away for a measly $500 - 1,000 annual salary increase or a $1,000 or $2,000 bonus.

My measly few hundred shares of CSC stock voted NO to reelecting ALL of the existing Board of Directors and an EMPHATIC NO to the 2016 proposed compensation which will get them even MORE.