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Message: milestone / Re: BOD discussion-pappy
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Jul 10, 2010 06:08PM
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Jul 10, 2010 09:41PM
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Jul 10, 2010 10:58PM
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Jul 11, 2010 12:17AM

Hmmmm.... So let me get this straight.

A typical Unisys director receives:

  • $60,000 per year attendance fee
  • $1,500 per additional meeting (let's asssume a VERY conservative 12 additional meetings per year) for a net of $18,000
  • $5,000 if you're the chair of A committee
  • $20,000 if you're the chair of the AUDIT committee
  • $100,000 if you're the C.O.B.

So, CONSERVATIVELY, the equivalent of Carlton Johnson at Unisys earned $88,000 in cash compensation ($60k + $18K + $5K + $5K - he's chairman of 2 committees if memory serves, compensation comm. and one other).

So, CONSERVATIVELY, the equivalent of Gloria Felcyn at Unisys earned $98,000 in cash compensation ($60k + $18K + $20K - she's chair of 1 committee - the audit committee).

I can see how it makes sense to pay the REAL CJ and GF a combined over $260K per year.

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Jul 11, 2010 12:39PM
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