Originally Posted by
Ogg
Yeah, $1.5m was appropriate when he first took the reins, but now it looks way out of proportion. To think that he's already pocketed ~$2.5m by now plus benefits is shocking.
Also, they've let go a lot of their workforce but upper management is still sucking on the tits. You've got Handely on $100k doing nothing. Blair thinks he can go into an advisory job.
Another reason why a merger or takeover from Discovery seems like the right move here. There's still a lot of costs to come out.