#execcomp

.....because no-one gets a pay rise...

I am glad that my manager has kept my merit increases at a average of a reasonable 2% for the last few years so that we could 1) increase shareholder value, 2) keep staffing expenses manageable and 3) fund higher salaries for the top two executives at BNY. Source = 2026 Executive Comp slides from the Proxy Statement.

Discussions and counter views welcome.

So Mike commented today that core consolidation has stopped? What’s this fuss all about. Why did they say core consolidation in the first place? Are they out of their mind?? Said such things such so Jack Henry and FIS can poach our clients?… just so weird. Can he shoot straight with the swaggering compensation package he currently gets?

Anyone see the disclosures of the C suite pay? Some notes

1. GK got about $17MM. AC $19MM. Note GK’s pay went up 60%!!!
2. They were reimbursed about $150k for personal financial planning.
3. Gunjan was reimbursed $300k for her housing here, commuting back to her home state and personal use of private jet
4. AC still got $8k of personal home security paid for
5. Jodi got a THREE MILLION DOLLAR retention bonus

Meanwhile everyone else gets a 3% bump tops, 20% no raises and they actually wonder why trust in the MC is low? Kinda funny actually.

https://d18rn0p25nwr6d.cloudfront.net/CIK-0000036104/39f53130-145f-4bed-bfad-5ad9c29f97e8.pdf

Are you all ready for the 2025 10-K to come out in a few days and see PP and the soulless ghoul squad all getting another 8-15%+ bump.

Our hollow shell of a MP is about to make $30-33M+ and the rest of her sycophant cronies $20-25M+!!!

But we need to manage our costs and get more efficient folks!!!!

https://www.beckerspayer.com/workforce/humanas-5-highest-paid-execs-in-2025/?origin=PayerE&utm_source=PayerE&utm_medium=email&utm_content=newsletter&oly_enc_id=5934G3746101A9J

Wells Fargo Net Income (2025): Approximately $21.3 billion,

Wells Fargo CEO and Chairman Charlie Scharf was awarded a $40 million compensation package for the 2025 performance year, a 28% increase from the $31.2 million he received in 2024

Wells Fargo & Company's (WFC) market capitalization as of December 31, 2025, was approximately $288.23 billion.

VS.

NVIDIA's net income for the full fiscal year 2025 (ending January 26, 2025) was $72.88 billion. In fiscal 2025 (ending early 2025), Nvidia CEO Jensen Huang’s total compensation package was approximately $49.9 million, driven heavily by stock awards. 

On December 31, 2025, NVIDIA's (NVDA) market capitalization was approximately $4.53 trillion,

$200M comp? Can’t even buy your own private island. How can we help?

Forget ethics, what’s right, what’s wrong, what makes sense.
Amongst all the noise, she’s protected herself and has managed to convince everyone that it was the right thing to do to give her a HUGE bump in pay multiple years in a row+bonus+stock awards all the while laying people off.

No push back, no votes, no bartering….just BAM!!! It all happened the way she wanted as she wanted.

How is that not smart of her to benefit while others are suffering. She’s got a laser focused mind on taking care of herself. How is that not smart of her?

Bridget Engle, whose 2024 compensation was $22.11 million, admitted on a town hall call today that employees were being forced to sit on the floor due to lack of space. This is reminiscent of textile mill workers who were forced to wear diapers because they were not allowed sufficient bathroom breaks. Ms. Engle should be ashamed and embarrassed at this inhumane treatment. The fact that she can casually admit this shows her complete lack of empathy and awareness. Her NUMBER ONE priority should be immediately resolving this issue, publicly apologizing to all employees, and personally apologizing to the affected employees.

A quick reminder: the board needs to fund Jeff’s $130M options package.

It’s wild to think how many jobs could be saved if his pay matched his actual value. We’re talking tens of millions that could’ve kept real people employed.

On February 9, 2026, interim CEO Than Powell resigned from his temporary role at Longeveron but remained with the company in business development, as the board appointed veteran biotech executive Stephen H. Willard as permanent CEO effective February 11, 2026. Longeveron tied Willard’s compensation to a mix of cash and equity, including substantial stock and option grants, while simultaneously imposing a temporary 50% pay cut on its CEO and executive chairman and rolling out broader cost-cutting measures such as employee furloughs and reduced board fees to conserve cash ahead of pivotal clinical trial milestones.

https://www.theglobeandmail.com/investing/markets/stocks/LGVN-Q/pressreleases/227165/longeveron-appoints-new-ceo-amid-cost-cutting-initiatives/

Anybody know what it is this year? It's usually published by now...

https://money.usnews.com/investing/news/articles/2026-02-13/bofa-ceo-brian-moynihans-pay-rises-to-41-million

President and CFO get a big raise and 12% of employees get laid off. Do we call it Pulte-Hutchins Strategic Pivot Cul-de-Sac or Bill-Mike Speed Bump?

Mike and Jim both got raises; ~1000 people overall got laid off

Execs, directors, CEO still getting paid their big paychecks; all while staff can’t get our incentive pay on time. Let’s create more positions and pay top dollar to them.
You really think this company has integrity to do the right thing?

We work for a greedy, immoral company. I will openly admit that I am too nervous to move after 5 years. I am a coward.

This new comp plan is the final straw for me. And before you knock sales people, remember that 40% of our salary is at risk and we have no control
over what ships.

I never imagined working for a company that I now want to see fail so badly. I never thought it was possible to wish the worst on JC, MD and the rest of those pasty-faced, smug money-grubbers and their rubber-faced spouses.

I left DXC a long time back. I see Drum is at the top of the top table making even more moolah. What did he do? Did he actually consolidate those payroll and HR systems? Did he actually improve the companies processes? Just asking as it looks like the boy done good. And what happened to Mary? If I recall she was revamping HR olat $1m an email.

They know how to squeeze the last bit of blood out of the employees. The company is making $650million cash profit but they plead poverty and won't pay the employees. Execs take millions for themselves and on top they are using the profits cash buying a third of the company by share buybacks. Drums package suddenly goes from $6.7 million to $10million effectively back door. They squeeze every $ they can from employees. Its plundering every which way they can.

Thoughts? I don’t know about you, but I got a sh---y 2% raise and I have been with the company 15 years.

Marilyn Burgess Seeks Pay Hike, Cuts Staff, Declines Re-election.

https://www.msn.com/en-us/money/companies/district-clerk-lays-off-employees-then-votes-herself-81k-raise/ar-AA1NeKBs?ocid=sms&apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

Headline: Qualcomm CEO pockets 15% pay rise as profits fall 45%
How else can CA afford to give himself a pay raise?
https://www.theregister.com/2026/01/23/qualcomm_ceo_pay/

He could put 1 years pay into a high interest account at 4% and generate a huge $268 000. Drum would get more interest in 2 months than most employees get in a years pay. Chris Drum is onto a winner for life, other execs are all laughing at employees when they see there pay each month.

The people lamenting the departure of the Frontier executives have it backwards. Here’s what actually happened:
1- Frontier was loosing money and marketshare
2- Activist hedge funds took a stake in the ailing company and shepherded it through a bankruptcy which reduced its debt
3- They recruited John Stratton, Nick Jeffery and other executives to lead the company after emerging from bankruptcy. Those executives received significant awards of stock and RSUs. The RSUs would vest immediately upon sale of the company
4- Frontier’s situation improved under their leadership although it’s still losing money
5- The hedge funds and the executives got a big payday by selling the company for $20 billion in cash to Verizon. Stratton made about $100 million, Jeffery about $90 million and the hedge funds made billions in profits. The Frontier executives had to resign in order to maximize their payday. They would have been fools to stay.

The King can dominate the world.

Another deal to boost LBT's forture:
https://www.reuters.com/business/intel-pursued-deals-that-boosted-ceo-lip-bu-tans-fortune-sources-say-2025-12-10/

Xerox Holdings Corp (NASDAQ:XRX) announced the appointment of Chuck Butler as chief financial officer, effective December 3, 2025. The company disclosed the executive change and related compensation adjustments in a statement filed with the Securities and Exchange Commission.

In connection with his promotion, Butler’s annual base salary will increase from $500,000 to $550,000. His target annual bonus under the company’s Management Incentive Plan will also rise from 80% to 100% of his base salary. Butler will be eligible for a long-term incentive award in the 2026 annual cycle, with a target grant date fair value of $2 million, and may receive additional long-term incentive awards in future years, subject to board approval.

Butler will receive a monthly housing allowance for 12 months, not to exceed $70,000 in total, and will continue to participate in Xerox’s benefit plans, including executive financial planning assistance and other executive benefit programs.

The filing also states that Butler may enter into a change in control severance agreement with Xerox Holdings. If a change in control occurs before December 31, 2026, and Butler’s employment is terminated without cause or he resigns for good reason within 24 months following the change in control, he will be entitled to a lump sum cash payment equal to two times the sum of his annual base salary and target bonus, as well as continued medical, dental, and vision coverage at active employee rates for up to 18 months, subject to certain conditions.

What did the board do these oast years? Allow the worst decisions. How they fixed it? Unload 13+ of the employees 🤬 - oh, and come to sip a cuppa coffe in front of every employee

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VZ board member compensation varies, with independent directors typically earning around $335k-$365k in cash for 2024, while Chair Mark Bertolini and CEO Daniel Schulman received higher amounts, alongside stock awards; specific figures show Clarence Otis Jr. earning over $410k cash, and others like Carol Tomé and Vittorio Colao earning $335k, with amounts reflecting their roles, though total compensation (including equity) differs and requires review of proxy statements. 

Key Board Members (as of late 2025):

• Daniel Schulman: Chief Executive Officer (CEO).
• Mark Bertolini: Chairman of the Board.
• Hans Vestberg: Special Advisor & Board Member.
• Roxanne Austin: Director.
• Vittorio Colao: Independent Director.
• Laxman Narasimhan: Independent Director.
• Carol Tomé: Independent Director (UPS CEO).
• Shellye Archambeau: Independent Director (MetricStream CEO).
• Jennifer Mann: Independent Director (Coca-Cola EVP).
• Caroline Litchfield: Independent Director (Merck CFO).
• Clarence Otis, Jr.: Independent Director (Darden Restaurants). 

VZ paying him over $60m for him to sip coffefe and make jokes to the entire company

$1.5m base
250% sti = $3.7m

$59.5 grants due on 2027

RSUs:
$9.5m
$20m
$30m
(As reported in Verizon's SEC filings for his appointment)

Does he get two golden parachutes? THey kept him past his original CEO contract...

Farmer destroyed Comerica, and is riding his golden parachute of $140 million out of the burning carcass. The class action brought by HoldCo that highlights Farmer’s misbehavior and frauds is mind-boggling. We need to take action and join that class action. Farmer sla-ghtered our jobs (once Fifth Third takes over, at least 45% of us will lose our jobs).

the $80 million a year executive board gets a haircut?

She was challenged several weeks ago on this board to go on CNBC to be interviewed and by golly, she did ! Albeit a soft ball interview with Sharon Epperson for DEI reasons.

Let's be honest here, if she interviewed with Jim Cramer, David Faber, or Sara Eisen, she'd be eaten alive trying to defend her missteps. It is ironic that even Roger Ferguson has appeared on CNBC as a contributor more times in the last year, then Duckett has appeared on CNBC in 5 yrs.

There are rumors and whispers she is losing internal support. All of a sudden, we see a flurry of activity from her lately in an attempt to save face and her job. So many speeches and public appearances that she has no real time to run TIAA like she is supposed to and this begs the question; who is really running TIAA ? She is paid millions and the company is chaos and no one is at the helm. She collects hundreds of thousands of dollars as a Nike Board Member & a pair of Air Jordans.

Instead, they have Jay Leno headline the TIAA FutureWise conference with the CEO laughing herself all the way to the Bank while many long term TIAA employees are being laid off. Shoot, maybe is she ran AI to run the company, it would be in much better financial shape today. It's funny how she criticized AI, but sold out to Accenture as they promised us the world with AI driven solutions which have not materialized.

TIAA FutureWise Conference (November 2025) In a discussion with CNBC, she advised that retirement investors should focus on building diversified portfolios and guaranteed income streams rather than worrying about an AI

besides the free $20m and salary for a year?

Left on as a “special advisor” so he can keep his $20 million. F the board for even allowing that and F Dan for immediately cutting positions as a means to cost cutting when it is public knowledge that we are paying the man who ran us in to the ground what is basically a massive severance. If I were looking to save I would see that $20 million as a good start

If anything at all, give that S-B the same 2 weeks a year that the rest of us get. Terrible optics and a glaring example of corruption.

One of the amazing things about working at Progress is that every November you get to wonder if you are on the list to be laid off. Yup, an entire company culture built around who gets let go this year right before the holidays. And to make it even better, none of the c suite executives responsible for the company doing so poorly ever get let go. The c suite boys club continues to bring in millions for themselves while investors (stock down almost 50% this year) and everyday employees get the brunt of their non existent management acumen.

Skyworks has created a new severance plan for top executives.
It was approved on November 11, 2025 and filed on November 14, 2025.

This plan only covers Vice Presidents and Senior Vice Presidents who report directly to the CEO.
Directors, managers, engineers, and all non-executive employees are not included.

If a VP or SVP is laid off in normal times, they receive:
• One year of base salary
• One year of company-paid medical insurance
• A partial bonus they have already earned
• Some RSUs that would have vested within the next 12 months

If a VP or SVP is laid off after a merger or company sale, they receive:
• One and a half times their base salary
• One and a half times their target bonus
• Eighteen months of company-paid medical insurance
• Full vesting of all RSUs
• Extra time to exercise stock options

To receive these benefits, they must sign a legal release and follow non-compete rules.

This plan gives very strong protection to VP and SVP executives.
Regular employees do not receive these benefits.