BRFH salaries are not justified and I agreed in an earlier post. If we take a look at the 2018 salaries listed on the 10k with news from 2019 we should expect the following:
CEO $350,000 (Received full salary)
President $145,000 (Cut from $300,000)
CFO $100,000 (Cut from $250,000 in April 2019, resigned July 2019)
Investor relations did confirm via email this morning that there are no performance bonuses or targets for 2019. The CEO's salary should be reduced until he can provide shareholders with value. At the very least the CEO should purchase shares in the open market and give back to shareholders.
As far as headquarters being in Beverly Hills, it would make sense to relocate to another location in Los Angeles; however, I believe I recall they reduced operating costs and moved to a new building with a cheaper lease.
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