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27 Jul 2000, 22:11 (Ref:26244)
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#1 | ||
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Racer
Join Date: Nov 1999
Posts: 220
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CART released its financial statement and it showed that former CEO Andrew Craig was paid $1.8 million to go away. Cheap compared to the 'parting gifts' most
CEO's rake in to clear the decks. |
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28 Jul 2000, 00:18 (Ref:26287)
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#2 | ||
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Racer
Join Date: Jan 2000
Posts: 235
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It may be relatively small, but I don't understand why he was rewarded so well for being such a dismal failure.
The empty stands at MIS at the weekend highlighted the desperate state he's left Champ Car racing in. I hope Chicago provides an upturn. |
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28 Jul 2000, 01:38 (Ref:26322)
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#3 | ||
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Veteran
Join Date: Feb 1999
Posts: 12,451
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He lined the pockets of the stockholders. That was his main job after taking the Company public. He did that job. He never knew Thing One about racing and never said he did.
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