
05-23-2008, 04:25 AM
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Analyst
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Join Date: Mar 2008
Posts: 2,852
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Originally Posted by superbadbrutha
No matter what anyone tells you anybody that grew up in that environment it has had some type of effect on them.
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I am sure it did. Anything that happens to you during your life will have an effect on you. But that does not mean it has to define you.
[quote]I was being sarcastic, since certain posters on here love to say that he is only half Black.
Roger that.
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Ok give me 5 Black CEOs that run a major corporation.
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http://www.blackvoices.com/workmonma...19125509990001
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In 2004 the African-American MVC, or most valuable chief, was E. Stanley O'Neal, CEO of Merrill Lynch & Co., one of the nation’s largest brokerages. In 2004, it had earnings of $4.4 billion on revenues of $22 billion, and earnings per share beat analyst expectations. In return, O’Neal, whose salary was $700,000, received a bonus of $31 million.
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Last year after American Express earned net income of $3 billion, or $2.68 per share, its CEO Kenneth I. Chenault got an $8 million bonus on top of his $1 million salary. Chenault also received $500,000 in incentive pay and exercised stock options that brought his total compensation to $18.5 million.
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John W. Thompson has an enviable job and enviable pay. As CEO of Symantec Corp., he heads the world’s largest security software company. Its divisions include the Norton brand of products and Veritas, the storage software leader. In 2004, Thompson's salary was $750,000 but he earned a $3 million bonus, plus incentives and stock options that brought his pay to $14.8 million.
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It is too early to tell if 2005 is a good year for Richard D. Parsons, the vintner, as the Time Warner leader owns a Tuscany vineyard. But 2004 was a fine year for Parsons the CEO as the world's biggest media and entertainment firm neatened its balance sheet, saw federal accounting probes enter the settlement stage, and the share price rose. In 2004, TW revenues were $42.1 billion and net income was $3.21 billion. Consequently, Parsons earned an $8 million bonus on top of his $1.5 million salary and with incentive pay included, he took home $15 million.
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Last year was Robert Wood's rookie year as CEO of Crompton Corp., a 4,800-employee chemical company and he took every prize. The former Dow Chemical exec doubled revenue to $4 billion, transformed Crompton into the third-largest U.S. specialty chemicals firm, found a way to save about $100 million, and raised shareholder value 69 percent. Thus, his $760,000 salary, $728,000 bonus and $2.6 million incentive pay added up to about $4 million that was richly deserved.
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I believe all of those are fortune 500 companies.
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Sure there are some in places of power, but do they have the power?
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Well I guess you are going to have to define power. Power to me is having the ability to effect change in your sphere of influence. So yeah, they have power.
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Ok, cherries and grapes. Now we can make a fruit basket.
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Sorry I am a carnivore.
Last edited by C-D-P; 05-23-2008 at 04:26 AM.
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