April 14, 2011

Should We Have A Bake Sale?

According to today’s print edition of the Los Angeles Times, the CEO of Exxon Mobil Corporation “received slightly lower compensation last year.” At a measly $21.4 million, a 1% decrease from the year before, and with gas prices on the rise, it’s hard to see how he can get on. Shirley was so upset that she was thinking of having a bake sale for his family.

But I pointed out that most of his ill fortune was due to a $9% decrease in stock awards. His actual salary increased 7% to 2.2M and his bonus rose to $3.4M. Shirley seemed somewhat relieved at this news. Perhaps all we need to do is give him a Costco Membership.

Posted by Duane Smith at April 14, 2011 9:35 AM | Read more on Humor |

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