the Controversial Committee Report
“We don’t raise sacred cows...we just butcher them.”
“Corporate Welfare?”
Probably, one of the best paying jobs floating around is being on the Board of Directors for a major corporation.
While most individuals realize corporate board members — generally retired corporate operating chiefs — are paid for their services, the amounts are not generally know. And, dear readers, here is where the staff of the CCR poses the burning question: Do those board members really use, or know some of the potential product limitations for the companies they represent?
If you ever have an issue with a particular product, service, or merchandise, then maybe the next time you complain, send your beef to a member of the Board of Directors. After all, these individuals are responsible for the actions — or lack thereof — of the company CEO.
Here are some of the higher paid corporate directors and the companies they represent. The renumeration amounts are annualized.
Charles R. Lee: $3,489,599 — serves on DirectTV, Proctor & Gamble, US Steel, etc. boards.
Do you think Mr. Lee’s programming goes out during stormy conditions? Who does he complain to when unable to watch “Gilligan’s Island” reruns? And is he totally happy with the Charmin©️ bear waxing eloquently about what a clean posterior he has on the P&G product commercials?
Enrique Hernandez, Jr.: $3, 294,283 — serves on McDonalds, Wells Fargo, etc. boards.
How much — in additional and unknown fees were charge on his Wells Fargo bank account — was Mr. Hernandez soaked by unscrupulous employees and managers mashing customer accounts to achieve illegal corporate goals? Was his outrage soothed by a Big Mac a different board meeting?
Sam Nunn: $3,038,705 — serves on Dell, Coca-Cola, etc. boards.
If Mr. Nunn has arthritic hands, how does he unscrew the caps off Coke liter bottles? Better yet, does he have problems removing the plastic binding from the 12-packs?
Roy J. Bostock: $2,507,105 — serves on Delta Airlines, Yahoo, etc. boards.
Has Mr. Bostock ever been bumped off a Delta flight? Did they drag him down the aisles when he refused to give up his seat? Has he ever attempted to block e-mail spam only to discover Yahoo does not block some spam ads?
Even though the list of pesky issues involving many products or companies is lengthy, one has to remember…change doesn’t occur if a major issue is never addressed.
Use 2018 as the year to make many products great again by letting corporate board folks know your hard earned income is feathering their board-nest.
Now excuse us while staff of the CCR attempts to use the Jaws of Life to open a jar of pickles.
……………………………….Mark Holbrook
