Nobody in particular - I was simply reacting to the complaining - everybody gets six weeks paid vacation, evil nasty CEO can pay for it all - crappy capitalist system - give me mine and tax the evil CEO - the people making the most noise are the first ones out the door at 4:59 PM.
I simply let the socialist rant crack my Ayn Rand complex - sorry. Mike Carpenter Energy Recovery Group, LLC 800-979-6453 503-508-8452 Skype - USBiodiesel1 mikecgr...@comcast.net On 3/6/13 9:03 AM, "Darryl McMahon" <dar...@econogics.com> wrote: >Hi Mike, > >just to be clear, are you taking issue with John Nichols >(http://en.wikipedia.org/wiki/John_Nichols_%28journalist%29) for his >piece at > >http://www.thenation.com/blog/173171/if-switzerland-can-crack-down-ceos-wh >y-not-us# > >or something else? > >I thought the tone of the article was appropriate to the context and >sets the agenda for the piece quite clearly. > >Is there any information in the piece that you believe is incorrect? (I >have not verified anything in it, so I'm open to hearing what you have >to say.) > >Do you take issue with Thomas Minder's desire to give control of >corporations back to shareholders instead of the executive suite? > >As a CEO, I don't think anyone is going to confuse me with the banksters >or other executives in large corporations that are gaming the >economic/legal system for their own benefit at the expense of others. > >CEOs are role models for the system and the employees, suppliers and >customers of their companies. If they are viewed as opposing >accountability and in favour of gaming the system, that undermines their >legitimacy in the eyes of anyone that is fair-minded. Modern management >is about measurement. If a CEO can't justify their compensation via >rational and agreed measures, then they should relinquish their posts or >be removed. If they can justify their compensation, then they should >not fear shareholders - who are motivated by their own self-interest. >E.g., I will happily offer a CEO in an established, profitable company >large enough to be traded on a credible exchange, a deal of a reasonable >base salary (say $100,000 a year) and a performance award in the order >of 0.1% of net profit in the year following the financial reports, and >0.9% available 5 years after it is earned with interim scoring >safeguards, so the office holder is not encouraged to pillage in the >short term at the long term expense of the shareholders, and so that >they are encourage to make a long term personal commitment to the >enterprise. That's because that should motivate them to make good >decisions for my economic benefit as a shareholder. (Of course it is >more complicated than this, but it's an example, and I'm writing an >e-mail, not a treatise.) > >Darryl McMahon > >On 06/03/2013 11:23 AM, Mike Carpenter wrote: >> I am a CEO and frankly, don't like your tone. >> >> >> Mike Carpenter >> Energy Recovery Group, LLC >> 800-979-6453 >> 503-508-8452 >> Skype - USBiodiesel1 >> mikecgr...@comcast.net >> >> >> >> >> >> On 3/6/13 6:51 AM, "Sadhbh MacMahon" <sadhbhmacma...@hotmail.com> wrote: >> > >-- >Darryl McMahon >President and CEO, Econogics, Inc. (it's just another hat) >_______________________________________________ >Sustainablelorgbiofuel mailing list >Sustainablelorgbiofuel@lists.sustainablelists.org >http://lists.eruditium.org/cgi-bin/mailman/listinfo/sustainablelorgbiofuel _______________________________________________ Sustainablelorgbiofuel mailing list Sustainablelorgbiofuel@lists.sustainablelists.org http://lists.eruditium.org/cgi-bin/mailman/listinfo/sustainablelorgbiofuel
