Opinion: At Burger King and Tim Hortons’ parent company, the only winners are lavishly paid executives

I ate at a Burger King in rural Montana earlier this fall. The wait to order was long. My burger was overcooked. My mother got the wrong order, and it was cold as well. It was, she says, the worst fast-food meal she’d ever had.

The price is high: RBI will give Mr. Doyle a package of stock options and shares that could be worth nearly US$400-million if the shares appreciate by roughly 15 per cent a year over the next five years. And yet the great gains in RBI’s stock are long past; among all the restaurant stocks in the S & P 500 and S & P/TSX Composite indexes, RBI has the second-worst performance since the 2014 acquisition of Tim Horton’s, and the worst performance over the past five years.

The entire options-and-shares package would be worth around US$370-million in the bullish scenario. The problem, however, is none of these share awards are tied to relative performance, according to RBI’s disclosures. If RBI’s restaurant peers gain, on average, 12 per cent a year while RBI gains 10 per cent, Mr. Doyle still gets a payout of a couple hundred million dollars. As they say in a period of broad stock-market gains, a rising tide lifts all boats.

The median of Carrols Restaurant Group Inc.’s 25,100 employees worked an average of 30.5 hours per week in 2021, making a total of $16,403. That’s up from $12,993 two years ago. Compare the RBI CEO’s pay with the Carrols numbers

That’s the same with all the big companies.

This is why Tim Hortons is sliding downhill in public opinion- in their advertising, packaging, and especially food. Even before this latest bug fiasco

Very simple don’t go and will lose money guess the people like eating bugs.

Tim Hortons food is atrocious

Corporate greed will only continue until the govt steps up! Why are these corporations paying lower tax rates than lower income cdns

And investors like me, regular joe in Vancouver

So next time you're at Timmies Canada remember that as their menu has gone up significantly

Trickle-up theory.

G&M too jus sayin.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tim Hortons parent company taps former Domino’s CEO as new executive chairRestaurant Brands International is expected to announce Patrick Doyle as its new executive chair on Wednesday Lot more focus on software That’s pretty cool
Source: globeandmail - 🏆 5. / 92 Read more »