The board of directors díd get their income reduced during the latest recession.
Originally Posted by MDR
The CEO who had been responsible for the mysterious sale of their consumer department (that went bancrupt short after) and who stated to the press that he had no idea what made former employees who lost their jobs by that bancruptcy think they had any claims against Agfa (claims later confirmed by highest court) left that position with a huge gratifications of 1/4 what the current reduction are to save annually.
He made it into the papers again lately by retaining highly paid boards of directors seats next to his new CEO function. He replied he does not do it for the money.
Last edited by AgX; 02-28-2014 at 05:07 PM. Click to view previous post history.