|02-02-2005, 10:35 AM||#1|
Join Date: Aug 2003
Device: Dell Axim
PalmSource still has money to spend
PalmSource decided to grant Ira Cook, the company's Vice President of Finance, an increase in compensation. From the latest SEC filling:
During the time that Mr. Cook serves in the capacity of PalmSource' principal financial officer, his annual base compensation will be $250,000 and he will be eligible for a discretionary quarterly bonus under the Company's bonus plan at the rate of up to 50% of his base quarterly compensation. In addition, Mr. Cook also received a stock option grant to purchase 40,000 shares of the Company's common stock which will vest quarterly, at the rate of 25% at the end of each fiscal quarter during which Mr. Cook continues to serve in the capacity of PalmSource' principal financial officer.
Maybe I should apply for a new job
|02-02-2005, 01:35 PM||#2|
Join Date: Dec 2004
Jeff Kirvin takes a crack on this issue -- actually this acticle
|02-03-2005, 04:42 AM||#3|
Join Date: Oct 2002
Device: Too many to count here.
Cool podcast, and a great speech by Jeff!
He absolutely has the right to criticize the title of this thread "PalmSource still has money to spend"; it is a controversy topic whether or not PalmSource is currently well-positioned in the market for providing mobile solutions.
Considering the downtrend of PalmSource stock since September 2004, plus the various recent downgrades by financial analysts, I don't believe the investment community takes a raise in compensation, at least in the current situation, as easy as Jeff does.
|Thread Tools||Search this Thread|
|Thread||Thread Starter||Forum||Replies||Last Post|
|How many hours do you spend reading per day?||Pookeysgirl||General Discussions||40||09-18-2010 05:09 PM|
|Who would you most like to meet / spend the day with from history||columbus||Lounge||48||01-27-2010 04:37 AM|
|How much would YOU spend on an e-Book?||Alexander Turcic||News||38||12-17-2009 07:34 PM|
|How much you can spend to e-book?||SeNS||HanLin eBook||0||07-02-2006 01:49 AM|
|This is where I will spend my summer :)||Alexander Turcic||Lounge||9||07-07-2003 10:47 AM|