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duncang

(3,767 posts)
2. The mega company I worked for
Thu Oct 31, 2024, 02:02 PM
Oct 2024

Had some slick work arounds to increase the boards pay without making it look like they did.

1. Company paid club memberships across the world.

2. Corporate jets.

3. Cut rate stock buys every quarter. They could buy stock at a discounted price in the morning and sell them that day at a profit. The biggest trade I saw allowed the board member to pick up a extra quarter million in one day.

4. Not being what I would call a full time employee. Some of the board members also were board members at a different company.

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