Terry Semel made nearly $300,000 a day
I was trying to muster some sympathy for poor old Terry Semel, then I realized that an annual compensation package of $71 millon meant that he made nearly $300,000 a day. In the week between the shareholder’s meeting where his compensation was approved and his exit he made $1.3 million dollars. I don’t make $300,000 in an entire year let alone. Sorry Terry I can’t muster any sympathy.
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