Replies to post #286332 on NeoMedia Technologies, Inc (NEOM)

[AlfonszyD]

Pop: I see your point, but question...Do you believe LM salary is line with the revenue and market cap of Neomedia at this point?

I think most here wouldn't have a problem if her salary was a combination of salary + performance incentives/stock options/etc...

I think what irritates shareholders the most is she gave herself a raise in 2012 as the share price was beginning its descent to all time lows. So she's not doing much of a "turnaround"

[diarch]

Pop-'This typically means the CEO is paid a high salary for the risk taking.' Firmly disagree. What risk is she taking? I think it safe to say this is the highest compensation she's ever received, not based on any turn-around effort in her work history.
Trust you wouldn't argue that she is a turn-around specialist in non-profits.

[RisknReturn]

Pop, the term "turn around" implies that the company was at one time successful. NEOM which has never had an operating profit for its entire history, so that term doesn't fit.

I would call NEOM a start-up, albeit a start-up for well over a decade. CEO's of typical start-ups don't make $500K per year. In fact, those CEO's may not take any salary for years until the business is successful. The reward for that "sweat-equity" can be a massive pay-out if success is achieved.

It takes a true entrepreneur to appreciate that risk and return proposition and no one will ever mistake LM for an entrepreneur.