Let us look at the math, Amgen stock went down about a point in 2010. Kevin gets about 25 million or so for compensation. Let us look at another company like apple. Steve Jobs gets 1 dollar and the stock goes up 200 points. Kevin is a genious.
I wish he'd take a medical leave. Better yet. Just leave.
I agree with you on the most valuable thing. Most valuable to his cronies and his board. To shareholders, not so much.
Just look at his ten year record. Except for some promising hiccups, the share price now is where it was when he took over. Except for the hits it has taken in its inherent value because of the buybacks.
Sorry, expiring options from 2004 were just over 59, but are still under water and worthless after March.I just wish our last and final set of options expiring in March 2011 at $69 were worth something(after holding them for 7 years and maintaining faith in the company's future). What a joke that "benefit" was. Now you get RSU's and get immediately taxed on them, so you can write off the losses as your "benefit". Guess I should have watched the Board's trading patterns and sold when they did.
Sorry, expiring options from 2004 were just over 59, but are still under water and worthless after March.
Check and see if selling covered calls or puts might get you at least a little money out of them. And screw Amgen's policy on no option trading.
Smart idea. The ban is not enforceable and not checkable. Better than dumping before the ESA safety data came out. Look at Kevin dumping his stock
Kevin and his executive cronies did it again, big cash reserve and not a hope of a regular dividend. Yet Kevin is cozy. Yes sirree, you got to take care of the king.
Remember, the peasants do the grunt work and the crown eats the cake. Next, the company will have some of its employees washing and cleaning the planes and, don't think of remuneration, it's a privilege. Afterall, you can take a look at the interiors. Maybe sit down in a comfy seat (handmade) and wish you could be that elite.
When you look total compensation against stock performance in last 10 years, Kevin is "most valuable" that is took most value from shareholders to his pocket. Stunning.
Kevin and his executive cronies did it again, big cash reserve and not a hope of a regular dividend. Yet Kevin is cozy. Yes sirree, you got to take care of the king.
Remember, the peasants do the grunt work and the crown eats the cake. Next, the company will have some of its employees washing and cleaning the planes and, don't think of remuneration, it's a privilege. Afterall, you can take a look at the interiors. Maybe sit down in a comfy seat (handmade) and wish you could be that elite.
He will retire soon
