I find it interesting that the new CEO is making almost 50% more (in base salary) then his predecessor. Hope he's the right guy for the job.

 

Well. My opinion is that he is an Asian-empire ***** who will sell a bit more American tradition. He came from Johnson Controls and most likely prostituted America for them.

Fugg these multi-national executive mindset ******. Folks better start realizing that when China develops enough other overseas markets to sell their stuff too other than the USA, they will be more than happy to collapse us with our saddled debt to them. And we will have no recourse in manufactuing, because our political ****** sold that out years ago.

 

When it comes to dropping product somewhere, America is the deepest well in the whole world. China is smart enough not to kill the goose that lays the golden egg. But holding US debt gives China a whole bunch of leverage on how the US does things.
Kind of like borrowing money from a loan shark

 

Like all CEO's.....HE....don' really do sh*t....has a whole "staff" tha' does all that sh*t while he jet's to the next Yuppie club an play's a round o' golf....ALL these dudes(ceo's) are grossly overpaid azz-whipes...just my

 

Hey all those latte leaders, cigar captains, blackberry barons and email emporers need a paycheck too!

 

Who was his agent? Scott Boras??

Piney, THAT'S funny stuff. When I finish my teaching degree I oughtta get Scott Boras to get me hired...

Or maybe I'll just go get hired at HD as CEO, work for 3 months and retire rich after driving it into the ditch since I seem to know about as much about the motorcycle industry as the guy the OP wrote about...

D.

 

I wonder what model(s) of Harley he rides and has in his garage? anyone he wants I guess. If I had to bet, it would be a street glide is his primary ride as they are the best!

 

You would think Harley would have remembered the last time someone ran the company that had no motorcycle backround. Maybe instead of selling Buells they could put Bowling ***** and sporting goods in the showrooms. They can go back to investing zero dollars into research and developement again as well. They can start off fresh like it's 1969 all over again.

What's that familiar phrase??? "Those who cannot learn from history are doomed to repeat it".

 

We have to remember that the board knows a whole lot better than any of us exactly what the fiscal and market climate for HD is.

They also know that people who have risen to the C-suite in mid- and large-sized companies have a track record of proven business acumen and leadership. It's the ultimate game of 'Survivor': given the intense competition and cutthroat nature of the white-collar world, these guys have made it to the top have got something that the average bear doesn't.

So, no, they don't "do" things like their staff does. They make decisions based on the information that their staff is directed to collect and report.

And, these guys go to bed every night knowing just how many jobs, families, hopes, and dreams rely on their every decision.

The C-suite exec of today is not like the '80s stereotype who "leads" from the country club. They now face greater accountability and scrutiny than ever before. There is a new breed of executive leadership who are raised to that level based on their proven record, not their connections or pedigree. Guys like Jamie Dimon are more the norm these days than the exception.

Is the HD CEO's salary too high? You decide. Buy stock, write to the Board, and ask for an explanation. But Wandell knows well he has to protect the brand, keep the faithful faithful, cut costs, protect as many jobs as possible, and preserve the price point and revenue structures in this dismal fiscal climate.

And those bonuses........those are there to encourage the CEO to accept the risk of the position. Three bad quarters in a row, and Wandell is out on his ***. He knows it. It comes with the position. Without contracted structured bonuses, he would work to protect his job. With the bonuses, he (or any CEO) is more likely to take risks. Hopefully, they are the right risks. But that's the board's job to assess.

If you think you can do better, send your resume to the board. If you have the qualifications and proven track record of leading and managing in those circumstances, they will give your letter of inquiry and resume a serious look, I guarantee it.

 

All I have to say is good for him.