Xerox: Rewarding for Failure: 13 Mill for the CEO

Three articles below about How Xerox’s CEO got 13 million for 2012, and many on the senior staff likewise got very generous bonuses.  This is the wake of 2012 being a mehh year for Xerox, the stock is still stuck below $9, morale according to glassdoor.com is the worst in the industry, and employees would like to see the CEO banned.

It just points out how out of touch the board of directors, or how corrupt boards are, to the company(s) they represent.

http://247wallst.com/2013/04/09/xerox-gives-ceo-big-pay-package-for-failure/

http://www.rbj.net/article.asp?aID=194582

http://www.democratandchronicle.com/article/20130408/BUSINESS/304080043/Xerox-CEO-Ursula-Burns-made-9-9-million-in-2012

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