Rewarding failure by Johnson and Johnson.....
http://abcnews.go.com/Business/wireStory?id=13000229
In 2010, J&J's stock fell 4 percent
In its last quarter the company reported a 12 percent drop in profit,
Sales of the company's over-the-counter medicines fell more than 19 percent for the full year.
the company cut Weldon's annual bonus 45 percent to $1.97 million from $3.6 million in 2009. Oooooooh so harsh.
That will teach him. I wish I got a 1.97 Million dollar bonus for f*cking up everything I touch for an entire year.
Recall.... after recall......after recall...... after recall...... No consequences.
I would have told him to pack up his desk and get the f*ck out. But not corporate America.
For 2009, Weldon received total compensation of $25.6 million, which includes stock options, bonuses and other perks. Must be nice!
In 2010, J&J's stock fell 4 percent
In its last quarter the company reported a 12 percent drop in profit,
Sales of the company's over-the-counter medicines fell more than 19 percent for the full year.
the company cut Weldon's annual bonus 45 percent to $1.97 million from $3.6 million in 2009. Oooooooh so harsh.
That will teach him. I wish I got a 1.97 Million dollar bonus for f*cking up everything I touch for an entire year.
Recall.... after recall......after recall...... after recall...... No consequences.
I would have told him to pack up his desk and get the f*ck out. But not corporate America.
For 2009, Weldon received total compensation of $25.6 million, which includes stock options, bonuses and other perks. Must be nice!
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