Navistar decider salaries

they make a product and people buy it. good for them for doing well. would be more interested to know what bigwigs at fmcsa are making. ive got a large sum of money that says those figures are WAY too high.

 

I agree, good for them. I like to see companies that prosper without government aid. I like to see people who are independent,hard working, self driven, and live out the goals they set for themselves. If a company driver or owner operator feels like their not making a good living in driving. Look into going into another venue of trucking. Truck sales, owning your on diesel mechanic shop, expand into a brokerage/trucking business.

 

i begrudge ray lahood's 191k salary a heck of a lot more than i do navstar ceo's 16mil salary. while ustain/campbell are busy helping drivers to make a living by giving them more choices of trucks to get them there, lahood was busy trying to put as many drivers out of business as possible...and making the roads less safe in the process. guess thats what you get when a community organizer/junior senator puts a schoolteacher in charge of transportation. all hail the great oz-bama

 

The original point may have been that the big wigs at Navistar have presided over a stock that has gone from around $60 a share in 2011 to around $25 a share today. That whole Maxxforce thing was a financial disaster, in fact it was so bad, there was talk that Navistar was going to be bought out. If the Navistar employees get screwed while the big wigs get rich, that would suck. I think our government is a joke as well though. Can't we all get along and despise corporate fat cats as well as Washington Bureaucrats!!

 

all by design.......that is what the MBA degree is for.

 

This was happening to the Canadian Pacific Railway a few years ago. They were under preforming, a hedge fund group came in, bought a bunch of stock when it was cheap, less than $50 a share I believe, and cleaned house. Now Hunter Harrison is in charge, CP is turning around and their shares are $118. If NAV finds someone anonymous is buying millions of dollars of stock for cheap, they better watch out, there will be a knock at the board room door!!!

 

I'll have to admit, I did read cat sdp's message the wrong way. I've seen first hand how engineers can really create a mess. They try to save money and it ends up costing the company even more.