CVS CEO Larry Merlo’s pay jumps to more than $18M
http://www.wpri.com/dpp/money/business_news/cvs-ceo-larry-merlo-pay-hit-18m-last-year
While the “rank and file” gets a reported staffing cuts of 10% and raises of 1% +/- …
The “head” of this corporation gets a 33% BUMP in pay… and increases dividend to stock holders by some 30%..
Is it just history repeating itself ?
Filed under: General Problems
I guess Merlo met his ‘metics’ for the year and gets his bonus. I cannot imagine how a CVS employee can go to work, endure the crap they do, and then read about Merlo making $18 million. At some point, you would think these workers would say enough is enough and strike. Where are the labor unions when we need them????
[…] Yesterday I posted about the CEO of CVS getting a 30% increase in pay as well as the stock holders getting a 30% increase in dividends LET THEM EAT CAKE ! […]