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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Not worth it.

Not worth it.

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #1

    GM Chair and CEO Mary Barra’s compensation grew by 34 percent between 2019 and 2022, to $29 million last year.

    Ford CEO Jim Farley’s pay grew by 21 percent over that period, to $21 million last year.

    Stellantis, headquartered in the Netherlands and formed through a 2021 merger of Fiat Chrysler and France’s Peugeot SA, didn’t exist when the contract began. Stellantis CEO Carlos Tavares earned about $25 million last year, including long-term incentives.

    Nobody is worth that kind of money. Nobody.

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    Doctor PhibesD George KG taiwan_girlT CopperC 4 Replies Last reply
    • JollyJ Jolly

      GM Chair and CEO Mary Barra’s compensation grew by 34 percent between 2019 and 2022, to $29 million last year.

      Ford CEO Jim Farley’s pay grew by 21 percent over that period, to $21 million last year.

      Stellantis, headquartered in the Netherlands and formed through a 2021 merger of Fiat Chrysler and France’s Peugeot SA, didn’t exist when the contract began. Stellantis CEO Carlos Tavares earned about $25 million last year, including long-term incentives.

      Nobody is worth that kind of money. Nobody.

      Doctor PhibesD Offline
      Doctor PhibesD Offline
      Doctor Phibes
      wrote on last edited by Doctor Phibes
      #2

      @Jolly said in Not worth it.:

      GM Chair and CEO Mary Barra’s compensation grew by 34 percent between 2019 and 2022, to $29 million last year.

      Ford CEO Jim Farley’s pay grew by 21 percent over that period, to $21 million last year.

      Stellantis, headquartered in the Netherlands and formed through a 2021 merger of Fiat Chrysler and France’s Peugeot SA, didn’t exist when the contract began. Stellantis CEO Carlos Tavares earned about $25 million last year, including long-term incentives.

      Nobody is worth that kind of money. Nobody.

      I've been saying that for decades, and I got accused of being jealous/communist/stupid.

      Who do these people think they are, professional sportsmen?

      I was only joking

      1 Reply Last reply
      • JollyJ Jolly

        GM Chair and CEO Mary Barra’s compensation grew by 34 percent between 2019 and 2022, to $29 million last year.

        Ford CEO Jim Farley’s pay grew by 21 percent over that period, to $21 million last year.

        Stellantis, headquartered in the Netherlands and formed through a 2021 merger of Fiat Chrysler and France’s Peugeot SA, didn’t exist when the contract began. Stellantis CEO Carlos Tavares earned about $25 million last year, including long-term incentives.

        Nobody is worth that kind of money. Nobody.

        George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #3

        @Jolly said in Not worth it.:

        $21 million

        About 1.05 Bidens, right?

        alt text

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        1 Reply Last reply
        • JollyJ Jolly

          GM Chair and CEO Mary Barra’s compensation grew by 34 percent between 2019 and 2022, to $29 million last year.

          Ford CEO Jim Farley’s pay grew by 21 percent over that period, to $21 million last year.

          Stellantis, headquartered in the Netherlands and formed through a 2021 merger of Fiat Chrysler and France’s Peugeot SA, didn’t exist when the contract began. Stellantis CEO Carlos Tavares earned about $25 million last year, including long-term incentives.

          Nobody is worth that kind of money. Nobody.

          taiwan_girlT Offline
          taiwan_girlT Offline
          taiwan_girl
          wrote on last edited by
          #4

          @Jolly said in Not worth it.:

          Nobody is worth that kind of money. Nobody.

          Agree. And at the point, it is not the actual $'s that is important to those CEO's. It is the ego trip I believe.

          So, when a company says, "we need to pay this in order to ensure we get the best talent...." Ummm, I don't think so.

          1 Reply Last reply
          • Doctor PhibesD Offline
            Doctor PhibesD Offline
            Doctor Phibes
            wrote on last edited by
            #5

            There's a story that when Bill Ford Jnr. took over as CEO of Ford, he reviewed his highest paid employees, and found that the second highest paid employee in the organization was somebody named Edmund Irvine. "Who the hell is this guy?", Ford asked. They investigated, and it transpired that the well-heeled Mr. Irvine was a smooth-talking Irish racing driver who had left Ferrari and somehow managed to negotiate a ridiculously high salary with the racing team that Ford had bought from Jackie Stewart, and renamed 'Jaguar'.

            It's fair to say that Eddie wasn't worth the money, but was a better investor than he was a driver.

            I was only joking

            1 Reply Last reply
            • JollyJ Jolly

              GM Chair and CEO Mary Barra’s compensation grew by 34 percent between 2019 and 2022, to $29 million last year.

              Ford CEO Jim Farley’s pay grew by 21 percent over that period, to $21 million last year.

              Stellantis, headquartered in the Netherlands and formed through a 2021 merger of Fiat Chrysler and France’s Peugeot SA, didn’t exist when the contract began. Stellantis CEO Carlos Tavares earned about $25 million last year, including long-term incentives.

              Nobody is worth that kind of money. Nobody.

              CopperC Offline
              CopperC Offline
              Copper
              wrote on last edited by
              #6

              @Jolly said in Not worth it.:

              Ford CEO Jim Farley’s pay grew by 21 percent over that period, to $21 million last year.

              https://www.thestreet.com/technology/ford-loses-nearly-60000-for-every-electric-vehicle-sold#:~:text=The legacy carmaker has%2C for,cars are a money pit.

              Ford Loses Nearly $60,000 for Every Electric Vehicle Sold

              Imagine how much Mr. Farley would make if Ford could break even.

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