Bucks Don't Stop for Bagby

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pghkid's picture
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Joined: 2007-03-27

"Bucks don't stop for A.G. Edwards' CEO" from June 29, 2007 "Investment News" online
 
"A.G. Edwards CEO Robert Bagby will receive $7.5 million in restricted stock once the firm merges with Wachovia.
 
The award will vest in three years — or sooner if he loses his job without cause or if he leaves the company for good cause, according to a filing with the Securities and Exchange Commission."
 
That's awesome!  The actual advisors that generate the revenue have to wait longer to get their deferred comp than the guy that sold the company right out from under them.  That's gotta make them feel special...
 
 

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