Comments on: King Ed & his retirement package

By: Boss Hog

Boss Hog — Mon, 08 Oct 2007 00:30:58 +0000

Ol Ed’s a good ol’ boy. Don’t you criticize him. Now why y’all want to tarnish the fine reputation of an American patriot? He should’ve gotten more than $158M when you consider the fine job he did in buying all them companies. Bless his patriotic heart and let’s hope he gets more than $1M consulting. Hell, that ain’t nothin’ ’cause it’ll only by you 3 McMansions in San Antonio.

By: petabro

petabro — Sun, 29 Apr 2007 04:10:33 +0000

Wonder if Ed ever had a Bernie moment?

By: tbd

tbd — Sun, 29 Apr 2007 02:14:52 +0000

It’s a “requirement” because there ain’t no way someone who is so used to such life perks is going to enjoy flying through commercial. I don’t see anything that’s wrong with it.

By: Tom Arnold

Tom Arnold — Sat, 28 Apr 2007 19:07:48 +0000

10hrs in a jet per month has the same carbon footprint as 120 american cars.

There are lots of reasonable reasons to need private aviation services when you are a public company executive (security, time, team perks, etc). I'm struggling with why you need it in retirement.

By: Om Malik

Om Malik — Sat, 28 Apr 2007 16:22:34 +0000

Well i am not sure if I agree with you Darryl - this is the largest phone company in the country, and that this is the second largest retirement package, it is relevant news.

If you read the last paragraph, you kind of see why this is even more incredible. All those mergers later, they are ahead of there total access lines by a mere 4 million lines. (Post BellSouth... mind you.)

On the old farts part... I am as guilty... anyway regular programming on monday!

By: Darryl

Darryl — Sat, 28 Apr 2007 16:09:05 +0000

Yeah Steve Morsa you’re right but I’m having a hard time believing that this info is worthy of a blog post by Om since its not really useful news (nothing anyone can do about Ed’s golden parachute). Its really not all that interesting actually. I’d rather learn something new about the cutting edge of high tech not the old farts in old tech.

By: Steve Morsa

Steve Morsa — Sat, 28 Apr 2007 14:33:04 +0000

Super-high “payouts” like this for creative, innovative, risk-taking individuals with ownership positions; especially as a result of liquidation events; is generally warranted and well deserved…or if a private company, so be it.

As a public company, however, this kind of money–short of truly impressive company turnarounds and/or unquestioned “monster” value creation (like Steve Jobs has engineered)–is obscene.