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At paternalistic companies like General Mills, employees have a host of generous options.
But today's generous options cannot be preserved without imposing intolerable costs on future generations.
Ms. Merritt-Poree does not regret leaving, or giving up a generous options package.
WHILE there is yet no ground swell, various portfolio managers are withholding votes for directors who have approved of what the funds consider as overly generous options packages on which shareholders have no say.
Separate meetings of both companies gave overwhelming backing for the merger despite criticisms from some small investors of the generous options packages for the new chief executive, Jean-Pierre Garnier, and other directors.
If stocks surge again, the generous options grants of 2002 may lead to the kind of individual windfalls that characterized the late 1990's and spurred calls for reform after the stock bubble burst in 2000.
Similar(47)
At SoulCycle, for instance, clients are given the generous option of paying double (or $70 a class) for preferred admission and placement.
If they are to avoid the dilution that would be caused by issuing new shares, they must buy large quantities of existing shares in order to meet liabilities they have incurred through generous option schemes.
Pat McConnell, an accounting analyst at Bear , Stearns estimates that earnings among the companies in the Standard & Poor's 500-stock index were overstated by 6percentt, on average, last year because of generous option grants.
The bank's 37 top executives and its board members (including one retired board member) also participate in generous option plans.
Thanks to Instagram's generous option to let us upload video, you can actually upload your JamCam vids direct to the photo sharing service.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com