ReBuild LL – A Proxy Fight to Boost Growth and Profits at Lumber Liquidators › Forums › General › CEO compensation?
NelsonMarch 19, 2019 at 11:17 pmPost count: 0
How much does the CEO make? With the share price tumbling, I cannot imagine how he is earning that salary.RebuildLLAdminKeymasterApril 14, 2019 at 10:37 pmPost count: 5
In 2018, LL shares fell by approximately 70% and the company lost over $50 million.
The CEO earned a base salary of $715 825. The CEO also participated in the Bonus Plan and received a bonus equal to $334,747. In addition, he received stock awards valued at $937,482, option awards of $312,498 and additional compensation of $22,141, for a grand total of $2 322 693 in compensation. Not too bad, I would say.DanielApril 16, 2019 at 4:42 pmPost count: 0
I pledge to vote NO to EVERYTHING!
I too am sick and tired of seeing this company get destroyed while simultaneously seeing the value of my investment go up in smoke. All the while Dennis Knowles says and does nothing for the shareholders, while receiving over $2M in compensation!
How can a CEO and a Board of Directors not say a word or do anything while the company they oversee goes from $40 per share to $10 per share in little over a year? Since September of 2017, under Dennis Knowles and this Board, the company has had an abysmal track record sinking to a low of $8.81 per share. There is no excuse for this performance! NONE! The market capitalization value of Lumber Liquidators has dropped from $1.15 BILLION to $317 MILLION. That is a whopping $835 MILLION (around 72.5%) loss of market value!
Knowles needs to go!!!