Concordia Healthcare Corp. T.CXR.R

The Whole Truth About Mark Thompson's Compensation in 2015

[Lumberfeverlong]

What Mark Thompson was paid to wake up and go to work in the morning in 2015 was actually $691,000.  Not an unreasonable amount for a company this size operating in multiple markets.

Total cash bonuses during 2015 for MT was approximately $2mm.  Not unusual given that the company completed two major acquisitions in 2015, although given how the assets perfromed that was likely too much, but hindsight is 20/20. So total cash compensation was actually under $3M and not $9M as the short and distort gang would have you believe..

The rest is the value of vested and unvested stock options and restricted share units.  The vesteing of the latter is directly tied to pre-determined perfromance metrics.  If the metrics are not met, no payout is ever made.  I would be more than happy for MT to get $6mm of value if those metrics are met since we,as shareholders, will be handsomely rewarded along with the management team.

[88guy88]

Well said!

[LaticelnExile]

This post has been removed in accordance with Community Policy

[borrowedlife]

Could not have said it any better.. what is a fair value if a buyout/takeover is in the works, anyone besides the weirdo shorts?

[DanKwong1958]

[/quote   Full buyout has not been successful, they are now looking at the next altlelrnative bsed on news release yesterday - PE to take a minority interest to help with the cash Oct 3 (Reuters) - Concordia International Corp, a Canadian specialty pharmaceutical company, is discussing alternatives to a leveraged buyout that include divesting a minority stake to a private equity firm

[PROtrading]

"Book value" is $9.35 per share.  Hey Borrowedlife,  I can maybe help provide a 100% neutral view here since I don't currently hold any position on CXR. Seriously. Let me ask you this first.  Who would buy them out?