News Focus
News Focus
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Rawnoc

09/26/13 8:17 PM

#244753 RE: stocker11 #244750

No more self-award signing bonuses for internal promotions.
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steelyeye

09/26/13 9:40 PM

#244761 RE: stocker11 #244750

Wow... amazing list for the first month of being CEO. No wonder Dick Heddle is known as being a "no-nonsense" guy.

Bogolin... not so much.

It is going to be interesting comparing operating expenses between the two, come the November Q and then again next March in the K.

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Florinda

09/27/13 7:54 PM

#244885 RE: stocker11 #244750

Stocker11 thanks for collating Heddle's first month on the job. I hadn't realized how much he'd accomplished until you laid it all out:

"Heddle has been there what, a month or so. His known cuts are fantastic to date. His unknown cuts are ,well, unknown. Do you have any idea what his totals cuts have been and/or will be?
Check out this list:
1) no CEO salary;
2) no COO salary;
3) no CEO bonus;
4) no COO bonus;
5) CFO's salary significantly reduced;
6) no CFO bonus;
7) no salary/commission for a feedstock purchaser;
8) no more expenses relating to trips to and from St. Louis;
9) no more costly mistakes by the COO/CEO;
10) no more purchasing contaminated plastic;
11) no more expenses land-filling contaminated plastic;
12) no more MRF;