Back to the articlePosted Monday 9th February 2009 11:40 GMT
wouldn't it be cheaper... #
...to hire a hitman?
Outgoing Seagate CEO: Bill's big bill
Seagate terminated ex-CEO Bill Watkin's employment on 4 February and will pay him $5m according to SEC filings. Watkins resigned as a director on that date. A separation agreement is now in force between him and Seagate and, as a consideration for agreeing to it, the bill for Bill is cash payments totalling $5,000,008. This …
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Posted Monday 9th February 2009 14:29 GMT
Sign of the times #
Company fat cats are our civilization's undoing. Mark my words.
Posted Monday 9th February 2009 20:43 GMT
Unbelievable ... #
While an average worker would be lucky to get 8 - 16 weeks severance, this guy gets paid all that.
I wish I could find someone to pay me to fail. It'd take half what he got <- See? Economical and realistic.
Posted Tuesday 10th February 2009 05:17 GMT
I'll never forget when.. #
Watkins said on record that his company builds bigger hard drives largely so that people could store more porn. Classic :)
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