Comments on: The Good Old Days: Hassan Got $30.3M In ‘07 http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/ News, Comment and Conversation Fri, 19 Mar 2010 06:43:34 +0000 http://wordpress.org/?v=2.6.2 By: Bless The Truth http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-313100 Bless The Truth Fri, 25 Apr 2008 04:01:45 +0000 http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-313100 How can this type of guy sleep in the night? No wonder he has to pay close to $150k for personal security. Is he able to drive through McDonald for bugers and fries?? Pls. tell Hassan to give 90% of his wealth to his fired employees.....after all life is not all about rotten money! How can this type of guy sleep in the night? No wonder he has to pay close to $150k for personal security. Is he able to drive through McDonald for bugers and fries?? Pls. tell Hassan to give 90% of his wealth to his fired employees…..after all life is not all about rotten money!

]]> By: SP 1 http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311928 SP 1 Thu, 24 Apr 2008 14:12:56 +0000 http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311928 It seems that the man has no conscience. Show me the money! I'll make the "tough" decisions and cut 10% more if you raise my compensation! I think he's a complete fake. Look at that grin - only a mother could love it. He rakes it in while he squeezes all of the rank and file. He represents the worst in corporate America, but the Schering-plough Board may be worse. It appears that it's stacked with Fred fans ready to pay homage to the Big Pharma "god." They are worried about Fred's net worth? Do your job and let him know he needs to really improve his performance in his position. net net - he's done little for SP. They may have made a couple of steps forward, but they followed it with several steps back. And they also face potential major shame and fines!! It seems that the man has no conscience. Show me the money! I’ll make the “tough” decisions and cut 10% more if you raise my compensation! I think he’s a complete fake. Look at that grin - only a mother could love it. He rakes it in while he squeezes all of the rank and file. He represents the worst in corporate America, but the Schering-plough Board may be worse. It appears that it’s stacked with Fred fans ready to pay homage to the Big Pharma “god.” They are worried about Fred’s net worth? Do your job and let him know he needs to really improve his performance in his position. net net - he’s done little for SP. They may have made a couple of steps forward, but they followed it with several steps back. And they also face potential major shame and fines!!

]]> By: MKM http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311860 MKM Thu, 24 Apr 2008 13:02:39 +0000 http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311860 Jeopardizing their net worth? Cry me a river! Marilyn Jeopardizing their net worth? Cry me a river!

Marilyn

]]> By: Ed Silverman http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311798 Ed Silverman Thu, 24 Apr 2008 11:46:52 +0000 http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311798 Hi Rainnn, I changed the total compensation figure, which initially reflected what was reported by the AP. Their total doesn't include the $4 million in non-incentive equity compensation. To keep it simple, I've now included that in the total, which also changed the annual increase to 2.2 percent, instead of 2.7 percent. Thanks for writing in, ed Hi Rainnn,

I changed the total compensation figure, which initially reflected what was reported by the AP. Their total doesn’t include the $4 million in non-incentive equity compensation. To keep it simple, I’ve now included that in the total, which also changed the annual increase to 2.2 percent, instead of 2.7 percent.

Thanks for writing in,
ed

]]> By: rainnn http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311780 rainnn Thu, 24 Apr 2008 11:22:04 +0000 http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311780 Said another way, why wouldn't it be more appropriate to measure "Total Shareholder Return" as an average of, say, eight values, each year -- the four quater-ends of each year (all shareholders are keyed to buying and selling at quarter ends), AND the four mid-points of each quarter? Just to "keep it fair?" I wonder -- why not, Mr. Becherer? Said another way, why wouldn’t it be more appropriate to measure “Total Shareholder Return” as an average of, say, eight values, each year — the four quater-ends of each year (all shareholders are keyed to buying and selling at quarter ends), AND the four mid-points of each quarter?

Just to “keep it fair?”

I wonder — why not, Mr. Becherer?

]]> By: rainnn http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311779 rainnn Thu, 24 Apr 2008 11:17:26 +0000 http://www.pharmalot.com/2008/04/the-good-old-days-hassan-got-247m-in-07/#comment-311779 One correction -- he actually made $30.32 million in 2007 --some $16.8 million of that, entirely non-forfeitable. Now, that last admission, about 3.31.08 v. 12.31.08 -- the "backhanded gravy-train" admission -- at Dot Point 1, quoted from the Compensation Report (at page 22) of the just-filed 2007 Schering proxy -- says a lot more about the Schering-Plough Board, and its supposedly-independent, pro-active Compensation Committee, than it does about the Schering executives, actually (after-all, why would they ever push away from the table -- "No, really, Uncle Hans [Becherer] -- I'm stuffed! I can't eat even one more gravy-laden biscuit!"). And that is unfortunate for all affected communities -- Schering employees, stockholders, customers, suppliers, the pill-poppin' public, and the doctors prescribing 'em. . . . But maybe I'm just surprised that the Board has paid this much, for presiding over a flawed study, one that flat-lined the flagship franchise. . . . I dunno. As ever, more at shearlingsplowed. One correction — he actually made $30.32 million in 2007 –some $16.8 million of that, entirely non-forfeitable.

Now, that last admission, about 3.31.08 v. 12.31.08 — the “backhanded gravy-train” admission — at Dot Point 1, quoted from the Compensation Report (at page 22) of the just-filed 2007 Schering proxy — says a lot more about the Schering-Plough Board, and its supposedly-independent, pro-active Compensation Committee, than it does about the Schering executives, actually (after-all, why would they ever push away from the table — “No, really, Uncle Hans [Becherer] — I’m stuffed! I can’t eat even one more gravy-laden biscuit!”). And that is unfortunate for all affected communities — Schering employees, stockholders, customers, suppliers, the pill-poppin’ public, and the doctors prescribing ‘em. . . .

But maybe I’m just surprised that the Board has paid this much, for presiding over a flawed study, one that flat-lined the flagship franchise. . . . I dunno.

As ever, more at shearlingsplowed.

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