 old_dawg"I Know Noting..."
join:2001-09-22
Westminster, MD | reply to Time4aNAP
Re: TimeWarner huh quote:
It must really suck to be a brilliant top executive at Sprint, who is poised to capture an entire market through forward thinking...
Yup, ol' Gary Forsee is one smart cookie allright:
Forsee has been under fire from investors since, as the head of Sprint, he orchestrated the company’s 2005 merger with Nextel. The deal hasn’t lived up to its billing, with subscriber growth slowing and Nextel’s creaky network taking a toll on call quality. That has helped drive down the combined company’s stock 26% since the deal was closed.
According the filing (go to page 51 here to see it for yourself), Forsee would receive an exit package valued as high as $52.7 million if he were terminated from the company.
»blogs.wsj.com/deals/2007/04/10/a···-forsee/
5,000 employees kicked to the curb while you engineer a 50->60 million $$$ personal severance package. That's one brilliant top executive for sure !!!. 
--
"Our network engineers are aware of the problem..." |
