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| This page contains all of the posts and discussion on MemeStreams referencing the following web page: E*Trade downgrades CEO's pay - Tech News - CNET.com. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet. |
| E*Trade downgrades CEO's pay - Tech News - CNET.com by Decius at 12:25 pm EDT, May 10, 2002 | |||
"In 2001, Cotsakos pulled in $4.9 million in salary and bonus, according to documents filed with the Securities and Exchange Commission. E*Trade also forgave a $15 million loan to Cotsakos last year, gave him $15.2 million to pay the taxes related to forgiving of that loan, paid him $29 million worth of restricted stock, and contributed more than $9 million toward a supplemental retirement plan. In that same year, E*Trade posted a loss of $241.5 million, or 73 cents per share." E*Trade's CEO salary is 30% of their annual loss!! | |||
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| E*Trade downgrades CEO's pay - Tech News - CNET.com by Rattle at 11:24 am EDT, May 11, 2002 | |||
"In 2001, Cotsakos pulled in $4.9 million in salary and bonus, according to documents filed with the Securities and Exchange Commission. E*Trade also forgave a $15 million loan to Cotsakos last year, gave him $15.2 million to pay the taxes related to forgiving of that loan, paid him $29 million worth of restricted stock, and contributed more than $9 million toward a supplemental retirement plan. In that same year, E*Trade posted a loss of $241.5 million, or 73 cents per share." E*Trade's CEO salary is 30% of their annual loss!! | |||
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