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Junecarter1427

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Reply with quote  #17 
“Asking stupid questions”........yep, pretty much!
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Junecarter1427
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cabbage peddler

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Reply with quote  #18 
July 1 is coming ... depending on which distributor you work for, this could mean the beginning of the end ... 
 
At USF new pay structure -- 

At Sysco - it's their new fiscal year -- During June/July is when they announce more PepsiCo "Yes-Boys" coming over from Pepsico or more promotions of former PepsiCo staff to key leadership roles after only being with Sysco for 1-2 years, meanwhile those who have been at Sysco , for 10, 15, 20+ years are overlooked and or their positions are eliminated ... then the same or similar position is announced, different title and guess what, surprise surprise, another PepsiCo person brought on board... hmmmm ...

Well the Pepsi-Sysco (PepSysco) Grim Reaper has already started slashing jobs and eliminating positions ... supposedly needing to make the bottom line better ... maybe instead of cutting off the Worker Bees that do all the work, start trimming the fat off the top ... The Top Dogs keep getting 10-15% raises, more bonuses 

Name/TitleTotal CashEquityOtherTotal Compensation
William J. DeLaney
Chief Executive Officer
$6,571,094$8,152,856$319,560$15,043,510
Thomas L. Bené
President and Chief Operating Officer
$2,695,332$3,010,252$114,341$5,819,925
Russell T. Libby
Executive Vice President, Administration and Corporate Secretary
$1,893,534$1,806,172$206,528$3,906,234
Joel T. Grade
Executive Vice President and Chief Financial Officer
$1,712,500$2,195,000$270,797$4,178,297
Wayne R. Shurts
Executive Vice President and Chief Technology Officer
$2,099,055$2,038,198$79,500$4,216,753



Executive Profile*

Pietro Satriano

Chairman, CEO & President,US Foods Holding Corp.
 
AgeTotal Calculated CompensationThis person is connected to 12 board members in 2 different organizations across 5 different industries.

See Board Relationships
55$8,104,519


WOW, $  ... Amazing, now former CEO Billy Delaney can make $15 million, had a base salary of around $1.2 million and bonus of $9 million +, yet can have the tabockle of SAP, the failed "merger" of USF/Sysco, and other mishaps yet still bonuses out and yet others are getting slashed. 

Hey Folks, Welcome to CORPORATE AMERICA -- the Rich get Richer and the rest work harder for less ...





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FSVET

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Reply with quote  #19 
Cabbage, I clicked on the link for Pietro's other board memberships, but got Bloomberg stocks.
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laser

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Reply with quote  #20 
Where DeLaney really made out last year was that he cashed in options for better than $20,000,000 cash last fall just before he retired.
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Reply with quote  #21 
And remember this is a "low margin" business, and that's why they need to "pad" the product price otherwise they'd go broke. 
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cabbage peddler

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Reply with quote  #22 
Food Service Vet & Investigator   ... whats your point ?

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