Lowe's CEO's pay package rose in 2010

Apr 11, 2011 Full story: Home Channel News 6

According to an Associated Press report , Lowes' CEO Robert Niblock's pay package rose to about $12 million in 2010, up 3% from the previous year.

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Penguin

United States

#1 Apr 12, 2011
Now, there's a shock. I guess the belt-tightening that cost 1700 their jobs didn't apply to this greedy, over-paid, self-important bastard.
LeadH20Wreck

Orlando, FL

#2 Apr 16, 2011
Penguin wrote:
Now, there's a shock. I guess the belt-tightening that cost 1700 their jobs didn't apply to this greedy, over-paid, self-important bastard.
AMEN!!!!!!
jtmba1

Dothan, AL

#3 May 2, 2011
The increase Niblock got was in keeping with what management in the stores got and was less than what hourly workers got. Also, under his leadership the company had a better 2010 than 2009. If you pay for results, the guy got under paid. The foregoing does not mean I support all the decisions by the company such as reducing store management's bonuses AGAIN, taking away the $35 Christmas gift from all associates, restructuring the staffs of the store and more.
LeadH20Wreck

Orlando, FL

#4 May 7, 2011
jtmba1 wrote:
The increase Niblock got was in keeping with what management in the stores got and was less than what hourly workers got. Also, under his leadership the company had a better 2010 than 2009. If you pay for results, the guy got under paid. The foregoing does not mean I support all the decisions by the company such as reducing store management's bonuses AGAIN, taking away the $35 Christmas gift from all associates, restructuring the staffs of the store and more.
You must be Niblock's girlfriend!
Old retired LOWES employe

Schenectady, NY

#5 Feb 12, 2012
Hmmm 1700 laid off now sales incentives removed from pay structures of the caring people on the floor. Hiring more and more low paid workers -- Lowes is quickly moving into WALMART HELL 'GREED'
Customer service spiraling downward --
SHORT TERM PROFIT -- LONG TERM FAILURE
Just look at GE and many other company's

IT is so sad to watch our once GREAT AMERICA go down and we can point fingers all around us BUT Corporate GREED is the biggest offender.

The great men and women who built this country are rolling over in their graves watch these MBA experts run our company;s into the ground.
AngryNinja

Tacoma, WA

#6 Feb 17, 2012
It is very sad to see Lowe's go down this road.
I thought they were different.. however I am sadly mistaken.
They are definitely going down the same road as WalMart. It is all Corporate Greed.
Seems like all of America is going down this road some way or another.
Very concerned and afraid of what the future holds for our children.

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