Post #6572 by mungofitch on the Constellation Brands board

Stocks A to Z / Stocks S / Constellation Brands (STZ)

Unthreaded | Threaded | Whole Thread (9)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 35

for the size and complexity of being the Berkshire CEO I believe he needs to be paid. $20m -$30m is chump change for the challenges of the job.

Opinions may differ on that.
In my view nobody is worth that much for their day job efforts.
But I agree that that is not an uncommon amount in the US in this era, unfortunately.

Would a person hired to do the job be doing a better job at $30m than they would for $20m or $10m? No, of course not.
Given that the country has hundreds of millions of people, I think one could generally find someone else just as competent to do it for less.
You wouldn't know for sure in advance if they would do really well, but that's also true of whoever is the first pick.

Median FTSE 100 salary is around 3.9 million pounds, not counting pensions.

Jim

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (9)

Prev | Next

Announcements

Constellation Brands FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.