Exec in recession
"Emilio Ghilardi (...) is getting a bonus of $942,865. AMD said that the bonuses were tied to non-GAAP operating income (...) AMD shifted from a $112m operating loss in 2009 to a $553m operating gain in 2010".
So in 2009, everyone knew they'd take a dip due to the recession. In 2010, everyone knew that they'd start peeking their head above the wave again. And now exec get massive payouts because the obvious happened?
If they made me an exec and I did eff all but play golf all day, similar results would have happened, not due to my performance, but due to the global economy, so why pay massive bonuses? Either they are too stupid to realise the obvious, or they are opportunistic self indulging b*stards. My guess is the latter.
