RE:RE:RE:John Levy's SalaryI agree with Bankok.
It’s an economies of scale thing, and not the hill to die on in this stage of a growth company, IMO.
Would i be happier with Levy making $300 G’s? Perhaps, but i wouldnt think that would be nearly commensurate with running a company with all of the moving parts that thescore has right now, that’s for sure.
There is no simple comparison of salaries that doesnt invite the absurd. If 6.5% of revenue is unreasonable, does that mean 1% is more reasonable? Does that then mean that reasonable comp for Royal Bank’s CEO would be 400 million bucks? Sure, CEO’s of massive companies will be better compensated but, in my respectful opinion, the difference of a few hundred grand in the context of what is going on in this company is not a concern.
There will always be a few hero CEO’s willing to take much less than market comp and I wish them well. I also dont blame Levy for asserting his value.