Sears CEO: Retiree Pensions Are Killing Us, Not Online Shopping | Hacker News Reader

Sears CEO: Retiree Pensions Are Killing Us, Not Online Shopping

fortune.com

2 pointssmaili2 comments

https://www1.salary.com/Edward-S-Lampert-Salary-Bonus-Stock-...

    As Chief Executive Officer at SEARS HOLDINGS CORP, Edward S. 
    Lampert made $4,334,739 in total compensation. Of this total 
    $1 was received as a salary.

It sounds like a tax fraud lamenting he can't steal from previous employees.

I'm not arguing either way, but it's worth noting that's actually a relatively low compensation compared to the average fortune 500 CEO which makes about $13mm salary[1]

[1] https://www.forbes.com/sites/dianahembree/2018/05/22/ceo-pay...

Reply on news.ycombinator.com