Thread: B&N Fires CEO
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Old 07-04-2018, 11:25 AM   #8
fjtorres
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Quote:
Originally Posted by GlenBarrington View Post
I thought that too, but usually, the 'aggrieved organization' makes a big deal out of something like that so as to get some positive publicity out of it at the expense of the accused. (See AMC and Chris Hardwick)

Exactly.
Why miss a chance at virtue signaling?

I'm thinking it might be something minor but since he didn't perform a miracle in 14 months and was going to be fired anyway they took advantage of it to avoid paying his (likely) very substantial severance package.

Quote:

As Chief Executive Officer at BARNES & NOBLE INC, Demos Parneros made $2,257,143 in total compensation. Of this total $398,077 was received as a salary, $1,050,000 was received as a bonus, $0 was received in stock options, $677,954 was awarded as stock and $131,112 came from other types of compensation. This information is according to proxy statements filed for the 2017 fiscal year
https://www1.salary.com/Demos-Parner...NOBLE-INC.html

If it turns out to be an HR issue it might be consensual and not scandalous but still a good excuse to save some money by being outraged.

Last edited by fjtorres; 07-04-2018 at 11:28 AM.
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