Lonnie Moulder - not bad comp for 6m Former Chief Executive Officer/President ABRAXIS BIOSCIENCE INC (ABII) Headquarters: LOS ANGELES, CA BIOLOGICAL PRODUCTS EXCEPT DIAGNOSTIC SUBSTANCES In 2009, Lonnie Moulder received $17,777,883 in total compensation. By comparison, the median worker made $33,190 in 2010. Lonnie Moulder made 535 times the median worker's pay. http://www.aflcio.org/corporatewatch/paywatch/ceou/database.cfm?tkr=ABII&pg=1
Pretty impressive. Nice enough guy but no one is worth that much, especially when they bail when they don't get their way and don't accomplish anything they said they would. Where does the total come from? That has to be more than pay and bonus and options would not have been worth much that year.
Interesting - good link. Thanks to PSS he also made the list of the top 100 paid CEOs making more than the CEO of Pfizer and Merck.... I guess we didn't know how good we had it. http://www.aflcio.org/corporatewatch/paywatch/ceou/top100_2011.cfm
I would guess that a great portion of that $ came from his former employer as he probably walked with a bunch of cash. He did alright at Abraxis but that didnt come from Patrick. Again just a guess.
I read an article from an LA paper or mag that PSS is the wealthiest person living in LA post Abraxis sale.
Right...and he just sits in a big room with his stacks of cash around him rubbing up against it, proclaiming over and over again......mine, mine, mine!!!!!!
Luke 12:19 And I'll say to myself, "You have plenty of good things laid up for many years. Take life easy; eat, drink and be merry." Luke 12:20 "But God said to him, 'You fool! This very night your life will be demanded from you. Then who will get what you have prepared for yourself?'
