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Great severance pkg for top - Read 8-K

Discussion in 'Mallinckrodt' started by anonymous, Sep 27, 2019 at 5:14 PM.

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  1. anonymous

    anonymous Guest

    for anyone that has not seen it, please read the 8k filed right after the BoD meeting on Sept 24.
    Looks like they will loot the village before they burn it down !!!!!
     

  2. anonymous

    anonymous Guest

    Yes!! It can be triggered by a change of control which specifically includes a LIQUIDATION!!!

    Anyone with a pulse out there should get ready for a structured liquidation after creditors take control of the company...they are also trying to shield themselves from any kind of liability .

    They are crooks!!!! All the non C-suite will get a few days or weeks of severance if that. Get out now!
     
  3. anonymous

    anonymous Guest

    I disagree with you saying “They are crooks!!!!”. Fact is ANYONE employed there currently is a “crook”, and yes that includes YOU! YOU would not have stayed for so long unless YOU ARE JUST LIKE THEM! A Fact Jack!
     
  4. anonymous

    anonymous Guest

    Only issue with that is that we got out a long time ago.
     
  5. anonymous

    anonymous Guest

    So true, the bottom feeders hate the top level execs but they are no better. GUILT BY ASSOCIATION!
     
  6. anonymous

    anonymous Guest

    What about terlipressin?? Will that save us??
     
  7. anonymous

    anonymous Guest

    bery rare disease making up hundreds of millions even billions. I don’t thinks so. Cute little drug but it isn’t saving this company. Someone may buy thenhospotal division. That I could see
     
  8. anonymous

    anonymous Guest

    MT gets a 2 year severence and bubblehead 18 months. vp’s ayear.
     
  9. anonymous

    anonymous Guest

    Disgusting
     
  10. anonymous

    anonymous Guest

    Every employee at MNK should go on strike starting Monday!! Severance pay for MT is outrageous based on his disastrous leadership!! Sick of the rich getting richer!! Hope MT goes to jail for fraud!!! Stick it to MNK management!!!
     
  11. anonymous

    anonymous Guest

    Well, that’s only fair that they get that at their level.
     
  12. anonymous

    anonymous Guest

    Lol. You think MT HO NM RG MP MF CF deserve respect a severance of a year or more? That is by far the worst leadership I have EVER been around. EVER. Uninspiring, they lie all the time and give no shtits about their people. This company was crumbled by them. They should all be fired tomorrow.
     
  13. anonymous

    anonymous Guest

    FS announced his resignation—see today’s 8-K filing—so we will see how much he gets for his golden parachute.
     
  14. anonymous

    anonymous Guest

    Nothing...he resigned on his own. Not cut or let go or restructured...Heading to greener pastures .
     
  15. anonymous

    anonymous Guest

    a year salary and their bonus. Looking at over $500k easy.
     
  16. anonymous

    anonymous Guest

    It’s not enough, they deserve more.
     
  17. anonymous

    anonymous Guest

    One year salary? Try 1 1/2 times current salary, plus 1 1/2 times their avg bonus over last 3 years