Mar. 28 at 3:49 AM
$COOK extreme caution. The stock's price and the delisting threat suggest investors have already priced in a high probability of distress. In this context, the compensation plan looks less like a vote of confidence in the near-term path and more like a mechanism to retain leadership during a crisis. The risk/reward asymmetry is clear: shareholders bear the full brunt of the financial deterioration, !!!!!!while the CEO's package is designed to protect his interests regardless of the outcome!!!!!! This is the core dilemma-aligning incentives for a long-term turnaround when the company's
