Thanks! Wonder where Ricci lives - India or the US? Posted: Apr 30th, 2016 - 8:48 am In Reply to: Ricci Rich - MT POCKETS
How does this JERK sleep at night?
Wall Street’s Biggest Villains: #3 — Paul A Ricci, Nuance Communications Inc. (NASDAQ:NUAN)
Nuance Communications, Inc. NUAN Paul Ricci is the CEO of Nuance Communications Inc. (NASDAQ:NUAN). Paul Ricci is absurdly overpaid. Obscene pay can be justified, but Ricci’s is not. NUAN stock is off more than 13% in the last year, 41% in the last two years, and still has a negative return going back five years.
Ricci now has the dubious distinction of landing on Fox Business’ “Worst CEOs” list for two consecutive years.
A 2013 Business Insider piece pegged Ricci’s annual compensation at $37.1 million — a 79% increase from 1999. That means that in 1999, Ricci made $20.7 million. This guy has been making tens of millions of dollars each year for the last 16 years. The problem has gotten so out of hand, the financial media has started calling for his head.
In the wake of the hubbub, Ricci, generous soul that he is, has taken a pay cut. His most recent compensation is a meager $17.94 million.
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- Ricci Rich - MT POCKETS (Views: 780, 2016-04-30, 1:30 am)
- Maggot? - sickened (Views: 640, 2016-04-30, 8:40 am)
- Thanks! Wonder where Ricci lives - India or the US?
- Pay Cut - Jellybean (Views: 594, 2016-04-30, 6:34 pm)
- Deplorable - human being (Views: 538, 2016-05-01, 12:48 pm)
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