Cara Angered
Against Carol
Bill Cara creates lists of the 100 companies superior to their peers. (Cara 100). In a rant on SeekingAlpha, he explains why he is removing Autodesk from his list:
... [Autodesk chairman and former ceo] Carol Bartz has ripped off the shareholders with her unconscionable compensation plan, and the Autodesk stock buy-back plan is aiding and abetting her deal.
(Stock buybacks are designed to increase the value of shares.)
You can read the rest of his explanation at "Autodesk Pays Unconscionably, Las Vegas Sands Impresses Strategically." In earlier posts, we noted figures from Yahoo Financial showing Ms Bartz making nearly a quarter of a billion dollars through stock and other forms of compensation in her last year as ceo. In this era of strong shareholder rights, large incomes are not seen as a positive.
So... what was the last company Mr. Cara took to 2B/year revenues?
Posted by: | Apr 13, 2007 at 15:25