OT the most insulting comnmerical
On Wed, 11 Feb 2009 12:38:55 -0700, Pennyaline
> wrote:
> I don't care when they go on and on about how much
>money is invested in R&D, because it pales by comparison to how much the
>CEO takes home.
I think you might have a decimal point error in their somewhere. FE:
Hank McKinnell is CEO of Pfizer. Regardless of which figure you use
for his comp., including the $83 Million one-time retirement
package, the number is small compared to the Research and Development
expense each year. For 2007, the last audited annual report for
Pfizer, R&D accounted for 8.08 BILLION dollars. This is $8,080
Million, a tad more than CEO McKinnel makes, I think.
Alex
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