Saturday, September 1, 2012
Golden Handshake Goes Platinum...
Mobile phone charges in New Zealand
are some of the highest in the world.
I'm not a Rocket Scientist but I'm sure there's some connection between these exorbitant charges and the outlandish golden handshake given to the outgoing Telecom New Zealand CEO, Paul Reynolds.
He's seen here either giving thanks
to the great god Mammon or his fellow directors
who've allowed him to pocket this
Paul Reynolds pocketed more than 12 million dollars in cash and shares during his last year with the company.
On a daily basis during that twelve months he was paid $34,000 per day.
Yes, $34,000 per day!
During his five years with the company
he was paid almost 30 million dollars.
I think I'll become a CEO whatever that is...
Technical problems persist.
As you might see, there is only one post on this page.
To see yesterday's post and others,
it will be necessary to click on 'Older Posts' below.
This situation may be annoying for you.
It's even more frustrating and annoying for me.
Thank you for your patience and understanding...