A group of retired Hertz Global Holdings Inc. executives is criticizing the car-rental company’s plan to pay millions in additional bonuses to top managers who laid off thousands of employees and oversaw the business as it filed for bankruptcy.
At least seven retired Hertz executives are objecting to the new round of bonuses, totaling $14.6 million, saying the company’s promises to provide them with a secure retirement are being cast aside. The retiree group includes a former general counsel and marketing and regional vice...
PREVENT SUCH BANKRUPTCY WITH RESPONSIBLE, ACCOUNTABLE MANAGEMENT TO WIN INVESTORS' CONFIDENCE. INVESTORS ARE READY TO TAKE RISK BUT NOT FOR IRRESPONSIBLE, MISMANAGEMENT, DIVERSION, DEFUNCT, DEFAULT, DEFECTIVE MANAGEMENT. GOVERNMENTS, REGULATORS DUTY BOUND TO PROTECT INVESTMENTS.
JCOviedo6 They're just jealous they didn't get any parachute money
Disgusting top brass
Grapes. Sour variety. Not used for wine.
Yeah sure they will take all the undeserved bonuses and then file for bankruptcy close the company down and all the loyal employees will be told it is what it is. That goes to show you loyalty doesn’t get you anywhere
I was an executive the first time Wall Street got hold of them, at least then they left good operations people in charge, the next time the Wall Street/Ivy guys who knew shit about how to run anything took over and you are seeing the results.
SouzaEluam No jasne veď spolocnost je v bankrote tak preco tučné odměny nenažraným manazerom ! Za co ? Lubos
Get caught selling $20.00 worth of crack, go to prison. Get an MBA, accumulate billions in debt and then declare bankruptcy...get a multi-million dollar bonus. Legitimized white crime at its finest.