OT: Dave Brandon gets a $2.4M Bonus

Why is this man still discussed on this blog? The guy was greatly responsible for wrecking our football program. He was rightfully fired. Move on.

Dave or Brandon in there, OP!

 

If he was a man of integrity, he would turn around and give that bonus money to his employees.  This guy is an absolute disgrace and has to rank up there as one of the mosted disliked alumni of Michigan.

I miss Dave Brandon. Rumor has it that he was even close to bringing me back but decided on giant noodles. : (

DB threads make me want to shower

So, what exactly are they getting out of the bankruptcy? I'm not familiar with the bankruptcies that businesses get. Someone earlier suggested they wouldn't have to pay as much to vendors. If that's true, how can they justify not paying a vendor when they've got all this money to give to execs, legally speaking?

 

Another serious question, from someone who has never sniffed this level of aristocracy. How the hell do people end up in positions where you get bonuses this large for this level of incompetence? Does this have anything to do with merit? Has someone like Dave Brandon actually done anything positive to earn their position or are they just well connected people?

"Attorneys for the company argued in court papers that the bonuses would help encourage executives to focus on driving up sales as the holidays approach." These executives already make huge salaries that dwarf not only what average ToysRUs workers get, but also exceed what the large majority of Americans make in any sector of the economy by several orders of magnitude. But that amount is apparently still not enough to secure their "focus."

He is really bad at being a decent human

Of you who stayed, has anyone seen if his sanctuary in Ann Arbor is still for sale?

deserves it five million times more than that douche bag.

merry fucking Christmas

Who gives a shit? Are we going to follow everything this guy does for the rest of his life? I care about athletic directors who currently work for Michigan

It's easy to get rabble roused about this, but I've read elsewhere that this money would be paid by major investors anyway and that keeping the continuity at the executive leadership levels is likely critical to turning Toys R Us around instead of just seeing it fold entirely. No one likes Dave Brandon, but I do believe this is pretty standard practice for trying to get a company out of bankruptcy

How does this shit rat always end up smelling like a rose? 

Rich Rod, Mike Debord, etc.  Time too move on...

I don’t mind execs making the bonuses they do when the company is performing. Or if someone is coming in to fix a tanking company and he’s actually fixing things. You get paid the big bucks to make the big decisions, and your bonus compensation should reflect your ability to do that.

But when you’re directly contributing to driving your company further into the red, laying off countless employees, and you still get to go home with a fat Christmas bonus while many of your front line employees are wondering how long they’ll still have a job, that’s just wrong.

I’m not a socialist, but in a situation like this DB should have the decency to distribute his bonus directly to his in-store employees. I don’t see why he gets to walk home with an extra, cool $2.4 million when he’s driving his own company into the ground.

Coming to you from the good old U.S. of A. for 100 years now.

Dave Brandon would cause bitcoin to plummet, apple to go bankrupt, and Microsoft to go belly up. If this prick gets another ceo position the implant that hires him deserves to fail.

but who the FUCK cares what Dave Brandon is doing besides he and his family. Cripes.

Never has there been a more undeserving recipient, and an uninterested audience.

douche-bag. that is all.

(The current one and the last) this guy is making far more money than he deserves. Ironically, the thing he stated he cared about the most, his reputation, is in tatters. Hahahahahaha!