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Thursday, May 26, 2011
Harley CEO gave himself a 6.4 million dollar bonus, for the worst sales year in 12 years
Posted by korekore at 8:40 PMHarley Davidson Inc. CEO, Keith Wandell is paying himself a $6.4 million bonus for Harley’s worst sales year since 1999.
It was also disclosed that HD accepted a secret $2.3 billion bailout in 2008. Harley reported a $146.5 million profit in 2010, compared with a $55.1 million loss in 2009.
In 2010, new union contracts saw a total of 2,300 job cuts in Pennsylvania and Wisconsin plus reduced wages and benefits for the remaining union employees, for a total cost saving that will eventually add up to $50 million annually
Totally copied from http://goawaygarage.blogspot.com but what is there to do when coming across this info? Not remark on it?
Labels: Harley Davidson, informative
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