CEO

Grosseries: Thousands Protest Firing of Supermarket CEO

Grosseries: Thousands Protest Firing of Supermarket CEO
Hundreds of non-union workers and politicians nationwide have banded together against the firing of beloved Market Basket CEO Arthur T. Demoulas. Today, the supermarket chain's board of directors agreed to hear a buyout offer to the delight of walk-outs everywhere.
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Denise Lavoie
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Not Bad for 15 Months: Yahoo's Ex-COO Gets $58M Severance Package

Not Bad for 15 Months: Yahoo's Ex-COO Gets $58M Severance Package
Henrique de Castro, Yahoo's Chief Operating Officer for all of a whopping 15 months, was paid a severance package of $58 million, calling into question CEO Marissa Mayer's hiring of him in the first place.
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In the United States of Inequality, CEOs Get 'Astronomical' Pay

In the United States of Inequality, CEOs Get 'Astronomical' Pay
Amidst growing inequality in the U.S., CEO pay is at "astronomical" levels. The annual GMI survey released Tuesday looked at the pay of over 2,200 top executives in North America over the past two years and found that average CEO pay increased 8.47 per cent from 2011 to 2012.
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Costco CEO Supports Raising Minimum Wage to $10.10 Per Hour

Costco CEO Supports Raising Minimum Wage to $10.10 Per Hour
Costco CEO Craig Jelinek has joined the push to raise the federal minimum wage to $10.10 per hour by saying he supports the Fair Minimum Wage Act of 2013, which would not only raise the current wage from $7.25, but would index the wage to inflation and raise wages for tipped employees, too.
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Restoring Traditional America

Restoring Traditional America
Over the weekend The Daily Kos highlighted a cartoon from Tom the Dancing Bug (cartoonist Rueben Bolling) that responded to Bill O’Reilly’s election night claim that Obama’s win signaled the death of traditional America. According to O’Reilly, “the demographics are changing, it’s not a traditional American anymore.” Bolling wondered what would happen if Barack Hussein Obama traveled back in time to the world of Leave it to Beaver. In this imaginary scenario, Obama tells the Cleavers of his plan to raise the marginal tax rate on the wealthiest Americans, reduce the gap between CEO pay and that of the lowest paid employees, and bolster the social safety net. The “Beave” and his family point out that those features were already in place in their traditional 1960s America. “Golly, mister,” the Beave exclaims, “I think you’re bringing back traditional America.”
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