Porsche Corporation Realities
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Porsche Corporation Realities
Gentlemen:
This is where some of your monies go when you purchase your Turbos:
http://www.ft.com/cms/s/0/14ad1ca6-9...nclick_check=1
This is where some of your monies go when you purchase your Turbos:
http://www.ft.com/cms/s/0/14ad1ca6-9...nclick_check=1
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Seriously? Granted, when I clicked on the thread, given its title, I knew it would be idiotic, but this was worse than I expected. I guess I could type paragraphs questioning you about what the form of, and criteria for, his compensation were? And relating that to shareholder value, corporate earnings success, etc. But I'm pretty sure it would be a complete waste of time . . .
my sentiments exactly
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Good for him! His company builds a car I enjoy very much and the company performance warrants him getting paid.
I don't know why people get ticked at the compensation of CEOs and other captains of industry who drive the economies of the world, but happily support sports teams with quarter billion dollar third base men... or $50 million Schumi earned.
I don't know why people get ticked at the compensation of CEOs and other captains of industry who drive the economies of the world, but happily support sports teams with quarter billion dollar third base men... or $50 million Schumi earned.
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For general information purposes to those who are interested in international corporate finance of a prestigeful marque.
As an addendum: to acheive the estimated $100,000,000 yearly salary, of which the Financial Times refers, approximately 2,000 turbos must be sold yearly to accumulate the gross earnings to pay the gentleman. His apparent earnings are greater than the earnings of the Presidents of Airbus, Boeing, and Lockheed Martin combined.
As an addendum: to acheive the estimated $100,000,000 yearly salary, of which the Financial Times refers, approximately 2,000 turbos must be sold yearly to accumulate the gross earnings to pay the gentleman. His apparent earnings are greater than the earnings of the Presidents of Airbus, Boeing, and Lockheed Martin combined.
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For general information purposes to those who are interested in international corporate finance of a prestigeful marque.
As an addendum: to acheive the estimated $100,000,000 yearly salary, of which the Financial Times refers, approximately 2,000 turbos must be sold yearly to accumulate the gross earnings to pay the gentleman. His apparent earnings are greater than the earnings of the Presidents of Airbus, Boeing, and Lockheed Martin combined.
As an addendum: to acheive the estimated $100,000,000 yearly salary, of which the Financial Times refers, approximately 2,000 turbos must be sold yearly to accumulate the gross earnings to pay the gentleman. His apparent earnings are greater than the earnings of the Presidents of Airbus, Boeing, and Lockheed Martin combined.
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OK, I'm bored enough to play, but not bored enough to Google it. Since I assume his annual "salary" is not $100 mil as you suggest, do you know what his earnings are comprised of, and what the criteria are for which he was rewarded? Or is this just a knee-jerk reaction to what you consider to be an obscene amount of money for one person to receive for (apparently) a job well done?
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For general information purposes to those who are interested in international corporate finance of a prestigeful marque.
As an addendum: to acheive the estimated $100,000,000 yearly salary, of which the Financial Times refers, approximately 2,000 turbos must be sold yearly to accumulate the gross earnings to pay the gentleman. His apparent earnings are greater than the earnings of the Presidents of Airbus, Boeing, and Lockheed Martin combined.
As an addendum: to acheive the estimated $100,000,000 yearly salary, of which the Financial Times refers, approximately 2,000 turbos must be sold yearly to accumulate the gross earnings to pay the gentleman. His apparent earnings are greater than the earnings of the Presidents of Airbus, Boeing, and Lockheed Martin combined.
as for profit margins, isnt that cayennes, boxsters, and caymans are for?
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Now if the company was losing money, shutting plants, and laying off employees, I would think you might have a more rational argument, although even still he might be performing in the best interests of the shareholders. But to throw out there the idea (I suppose you were implying) that his salary is obscene, absent of any facts other than a meaningless comparison to the aircraft manufacturing industry (WTF?), shows that either you are not capable of, or are uninterested in, having this discussion at any level other than that of the garden variety nincompoop (sp?) . . .