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Reply #245: "May or may not" [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Beetwasher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-23-09 10:34 AM
Response to Reply #243
245. "May or may not"
Edited on Fri Oct-23-09 10:35 AM by Beetwasher
Why do you dishonestly leave that out. It's stock options, Einstein. They go up, they go down. He has to perform and make the company successful. I got no problems w/ that.

Hendersons total compensation package will increase to about $5.5 million under terms of the pay plan, a person familiar with the documents said.

Hendersons cash salary, which was $1.26 million, is being decreased by 25% to $950,000. He will receive stock and restricted stock in GM valued at about $4.2 million.

Julie Gibson, a GM spokeswoman, cautioned against looking at Hendersons compensation package as an increase, saying it may increase.

Hes getting less cash and the other stuff that hes getting may or may not pay out, and if it does pay out, it will pay out over a period of years, she said.

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