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by suetoniusp 1841 days ago
What does US execs mean here? I see nothing in the article about the US
3 comments

"Some 5.8 million euros in shares and cash went to CEO Glenn Fogel, and 2.8 million euros went to Peter Millones, the vice president. Nearly 20 million euros, mostly in shares, went to CFO David Goulden, according to company documents reviewed by NRC"

All 3 are Americans.

https://nltimes.nl/2021/05/28/bookingcom-gives-eu28m-bonuses...

So this was not cash compensation? Should I put the pitchfork down now?
They laid off a lot of regular workers during COVID. The funds were intended to help workers. Even netting out the bonuses, it's not a good look.
US execs, as in, the people who imported US tech management and fskced the whole thing up.
from a previous article I read on this, the executives were based in the US. I don't have a link