An example of how CEO’s WILL be expected to behave under National Socialism

How about permanently $0

he may cut his pay, but if he is also a major shareholder, the dividends alone could be way more than $1 mill

this is virtue signaling. do your virtuous acts in silence, else they are not really virtuous

>If he kept that 1.1M he could use it to open new businesses

It's funny how many people on Yas Forums are either clinically retarded or literally 12 years old.

Do you know what a business loan or investment capital is, you absolute mong? why would you ever speak, when you're literally 12?

pay attention in school little bro, you're going to need it because the way you think about the world by default is wrong

this is exactly what he's doing. he's forgoing that 1.1M in exchange for more PR/exposure. eventually he thinks he'll be able to parlay his good boy points into something more profitable and off the radar. i'd love to go through this guys financials lol.

Why do I wanna punch this guy? He’s probably a chill dude but I just want to beat his ass.

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Not shitting on this guy in particular, but CEOs can have a salary of $0 and still be crazy wealthy from benefits.

You're being played like a fiddle. You think removing 70k from his pay will offset even one person's salary? It won't. CEOs don't get paid much in salary, they get paid in options and other packages. Of course he takes the opportunity to virtue signal like the kike he is.

An example of how dirty faggot communists are expected to act now.

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who gives a shit if in practice it means I get 70k a year as a janitor?

Pretty based. People are going through difficult times right now.
It's his choice and if he can make it work than bless him for making sure his employees can get through.

Communism is when government forces you do give up something to give to others.
What he is doing is sharing out of kindness.
Anybody that thinks that is wrong has things twisted.

If your intuition is telling you this, don't fight it! I think you're right

>If he kept that 1.1M he could use it to open new businesses and help way more people, well, I think twitter followers are more important.
MUH TRICKLE DOWN ECONOMICS!
go back to the 80s grandpa

>An example of how CEO’s WILL be expected to behave under National Socialism
>bragging about paying your employess slightly below average wages after underpaying them for all this time
Okay Shlomo

Nationalism is a mental disorder

>muuhh v-vote Bernie guys!

Absolutely fucking retard, all he want is to raise government spending and keep illegals who take American jobs, somebody should just fuck this communist up

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>example of how CEO’s WILL be expected to behave
Sounds like a dirty commie to me.

This guy is such a queer. Read into his story. He’s obsessed with attention

holy shit a guy that is worth a billion dollars cut his pay to zero? epic

Lol, I run a small business but even I can cut my (((salary))) to $0 and up my K1 distributions to make the same amount.

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are you seriously bragging bout a less than 1 mil networth

Apparently his company actually got way better after the 70k thing

Higher ups whined that giving people free money would mean they got lazy but they actually became more productive. For example, if you were always late or distracted because you had problems getting people to watch your kids, you could now afford daycare. Or if you were reliant on shitty public transport to get you everywhere, now you could get a car and manage your schedule better

It's unironically a good idea

>checking and one investment account=net worth

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The company did better because of the publicity he got from doing this.

You're a retard. That 1.1mil was his PERSONAL SALARY. You don't conduct business expenditures from your personal bank account you fat boot licking retard.

Send me 220$ I'm trying to fix my cars control arms

>ceo uses own money to expand business
Ahahahha dumb retard memeflag

CEOs make way too much money:
> Guillotines when?
CEOs give up all their salary:
> What a selfish prick, doing that for attention.

Yas Forums, ladies and gents.

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people wouldn't have any problem with rich people if they acted half as good as this man. you know as a rich person you have this thing called responsibility to the society that you prospered so well in. to think being a greedy kike is totally fine cuz of some gay lolbertarian ideology is just you wanting to be a greedy kike and not consider others at all. there's no magic formula making this the "right thing to do". you're just being a greedy kike. so stop it. be good, like this man.

Charity is the opposite of Communism
Charity is our argument against Communism

it just proves that 90% of Yas Forums posters are angsty teens (either literally or in spirit) and hate everyone no matter what

every company who gets bailout money should have to do the same but for all c suite niggers

Is this the credit card processing guy in Seattle?

>If he kept that 1.1M he could use it to open new businesses and help way more people

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>Virtue signaling faggot CEO
I knew a ceo that did the same thing during the recession in 2009, he only took a salary of $1 for the next year. He created a lot of goodwill in the local media and everybody congratulated him for being such a good person.

He made more money in the next 3 years it was insane because he had created this aura around him so not only did he load himself up on preferred shares and options in lue of a salary when the market came back he had like 5x his original net worth.

Also if this virtue signaling faggots company is a private company he can literally do anything he wants and have the company pay all of his living expenses and buy anything he wants with company $ because private companies don’t have “shareholders” and he FTC to answer to and you can basically do whatever you want with company money

Isn't this the same guy who got sued by his own brother because of him raising the salaries of his employees fucked up their business?

wow it's almost like people are rewarded for not being a greedy kike.

Most very rich people dont have "income" per se, which is why the love taxing pay checks of wage cucks. It sounds compassionate and it doesn't affect them.

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either that or it proves that 90% of Yas Forums posters are actually not one guy

This
Why post about it?

You're a faggot and nothing you desire will EVER come about

And here you see the problem, He only has $70k to give to help in this crisis because he ran himself dry. How many people is he going to keep employed on that?

maybe he wants to be an example for other CEOs? why do you give a fuck about him posting about it? are you jealous of the good attention he is receiving?

fucking normies too stupid to realize that executive salaries mean absolutely nothing.

these people make all their money through assets

I mean if he's not collecting salary he could be banking on the stocks, assuming he's vested. Salary is just one component of compensation.

If that’s what you think your obviously a occupy Wall Street level iq retard... He gave up 1 years salary and took preferred shares because he was in healthcare who wasnt affected by the recession and knew it would come blazing back and he made off like a bandit & people like you applaud him FFS, you really are the useful idiots.

millie per year doesn't hurt the bottom line though.

So he saved one job? This guy is probably making millions some other way if he's willing to work for $0.

you have no idea what you're talking about. you don't even know what his company does, lol

>illegals who take American jobs,
Boomers took our jobs by shipping them off to china so they can profit from chinese sweatshops.

But that's okay because capitalistic pursuits are objectively good and actually American's are at fault for not being as competitive as chinese slave wage workers Just find another job bro :^)

Hey moron, he owns the company. He will just pay himself a dividend and get taxed less on it.
You leftist subhuman economic and business illiterates need to KYS.

I’m not talking about he hipster faggot in this article, he is probably running some scam too. I’m talking about somebody I actually know IRL

>a financial services company

Lmao who gets paid less than 70k at one of these? The chick at the front desk and some analysts right out of college. That’s IT.

Yeah, and credit processing is highly automated. He also owns the company that he founded with his brother.
My uncle owns a company and he pays himself almost nothing, because payroll taxes and income taxes would be higher than just paying himself an ownership dividend.
Most Americans are leftist morons, including the wanna be natsoc losers.

His virtue signaling paid off, now he gets thousands and thousands of job applications from really qualified people, even from some people that earn more than him, cause they want an environment that “doesn’t have a rat race”

Wow Americans really hate when they don't get to be bootlickers you kikes are pathetic

>he kept that 1.1M he could use it to open new businesses and help way more people
100% correct. That is exactly what they do

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>and hate everyone no matter what

Im gona cut the replies short and just say this isnt the site i once knew.

>If he kept that 1.1M he could use it to open new businesses and help way more people,
he's doing that at the very moment you mouth breather

That’s not at all what OP is suggesting. He’s suggesting force.

Because positive attention shines a light on other CEOs. Columbia jacket CEO dropped their salary the other day to pay employees as well.

He gets the money either way because I'm pretty sure he owns the company. If anything that salary deduction could have been a tax dodge.

Or maybe there's a few halfway decent people who can admit they have enough money already that they can share the pie