So how much does the HOG CEO make
Road Warrior
Joined: Sep 2013
Posts: 1,926
Likes: 193
From: ohio
As a business executive, I can attest that you know NOTHING about business. As CEO, his sole job is to create dividends for his shareholders. Sometimes the "evil" things you list above is the way to do that. We need to wake up in America. It is not the executives' fault that jobs are being off-shored. It is our own fault. If another country can do something just as well, but cheaper, then we need to learn a hard lesson in operational efficiency and cost management.
To others that stated that he deserves the compensation he gets because the buck stops at him, you are spot on. There are multiple ways the economy can cause a stock decline, all out of his control. Yet he would be held responsible. $1M for base salary is fair compensation for the stress and work he has to perform. Anything above that in incentives is his fair share for steering the ship in the right direction.
To others that stated that he deserves the compensation he gets because the buck stops at him, you are spot on. There are multiple ways the economy can cause a stock decline, all out of his control. Yet he would be held responsible. $1M for base salary is fair compensation for the stress and work he has to perform. Anything above that in incentives is his fair share for steering the ship in the right direction.
Ultimate HDF Member
Joined: Mar 2012
Posts: 6,129
Likes: 143
From: Santa Cruz
You guys understand CEOs, of Wall Street and banks illegally caused the crash in '08, haven't gone to jail, got bailed out with your tax dollars, and on the way to doing it again; don't ya??? Where is that accountability? Oh yeah, the shareholders still made money. That seems just fine with ya??
Oh and the top 1% in America have nearly as much wealth as the bottom 99%. How is that not obscene??
Poverty in the USA is on the rise. Not because people don't want to work, but because manufacturing jobs have gone overseas and the only jobs left here are low paying part time service jobs.
The minimum wage is so low today that anyone working 40 hours at minimum wage is living in poverty.
If workers don't make enough to buy goods it doesn't matter how cheap they are. The current economic unequally is not a sustainable economic model.
Companies can only fire folks and lower wages/benefits for so long to keep profits up before they either don't make anything or can't sell it.
Teddy Roosevelt broke up the robber baron's monopolys for good reason. The robber barons are back stronger than ever and they got you guys fooled...
End of rant. Get this crap out of the touring section and lets get back to bikes!!
Oh and the top 1% in America have nearly as much wealth as the bottom 99%. How is that not obscene??
Poverty in the USA is on the rise. Not because people don't want to work, but because manufacturing jobs have gone overseas and the only jobs left here are low paying part time service jobs.
The minimum wage is so low today that anyone working 40 hours at minimum wage is living in poverty.
If workers don't make enough to buy goods it doesn't matter how cheap they are. The current economic unequally is not a sustainable economic model.
Companies can only fire folks and lower wages/benefits for so long to keep profits up before they either don't make anything or can't sell it.
Teddy Roosevelt broke up the robber baron's monopolys for good reason. The robber barons are back stronger than ever and they got you guys fooled...
End of rant. Get this crap out of the touring section and lets get back to bikes!!
Advanced
Joined: Feb 2011
Posts: 84
Likes: 1
From: longgone, usa
Matt Levatich's total compensation in 2013 was 3.74 mil. So I'm sure he will be well cared for now. Don't they usually do the 1 mil. salary deal for tax purposes? Most of the comp. I imagine would be things like differed stock options and perks. And while I agree somewhat with both sides of this discussion lets not forget a lot of the "cheaper" labor is in communist CHINA. Yea, I guess it would be cheaper. I by the way worked for the same company for 41+ yrs. worked 50-60 hrs. a week average and never made close to six figures a yr, so let's not pretend that is why they get paid so well. Not saying the head of a major co. doesn't deserve it, just sayin' lots of folks work their azzes off for most of their life. I hate when people disrespect American workers cause they are talking about YOU and ME. Buy American, the job you save may be your own.
After reading all the posts it is entertaining to see the different concepts of the justification of seven digit incomes for the HOG CEO and other leaders of large companies. I have to say I am surprised that there was not more bashing. Good CEOs are worth every penny. Not only to the stockholders but to their internal customers (people who work for the company) and external customers (consumers and suppliers).
A good leader can breathe life and allow growth while a bad one can literally kill any chance of survival.
CEOs aren't born they are molded through education and hard work. I have been with the same company for 22 years and have made it to director after starting in the field. At 58 I hope to make it to a VP position before retirement (we have 12 VPs). My CEO is younger than me but deserves his position. Is a great leader and has earned the respect of his management team. We have quadrupled our size in the last 6 years.
I hope the new HOG CEO does a great job and not only he but many people will reap the rewards.
A good leader can breathe life and allow growth while a bad one can literally kill any chance of survival.
CEOs aren't born they are molded through education and hard work. I have been with the same company for 22 years and have made it to director after starting in the field. At 58 I hope to make it to a VP position before retirement (we have 12 VPs). My CEO is younger than me but deserves his position. Is a great leader and has earned the respect of his management team. We have quadrupled our size in the last 6 years.
I hope the new HOG CEO does a great job and not only he but many people will reap the rewards.
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