If Krispy Kreme really wants to turn their company around, they might consider paying their new CEO and President something a little less than $1.58 and $1.45 million per year repectively. Sheeshhh.
And this is for a "part time" position for the CEO!:
The hourly rates are subject to adjustment semiannually and don't include reimbursement for "reasonable out-of-pocket expenses," Krispy Kreme said. Cooper will remain as interim CEO of Enron and has said he plans to spend about half his time on Krispy Kreme.
Ah yes, the Krispy Kreme debacle... as much as it sounded pretty clear that the CEO had to be replaced, it wasn't exactly heartening to hear that people involved in turning around the debacle that was Enron were called in for this one.
I guess one gets paid pretty damn well for cleaning up other people's messes.
En what now?