Flea Iacocca
Meaning: A really bad CEO who screws the company he works for and yet leaves, a very rich man.
Pronounciation : Easy
Usage : Hank McKinnell, Pfizer's former CEO is a good example of a Flea Iacocca.He earned $198 million, including $78 million in deferred compensation that he built up in 35 years at the pharmaceutical company. Pfizer shares sank 40% on his watch, which ended last year. The company had to cut billions in costs and fire thousands of employees, and said it wouldn't see revenue growth until 2009.
Source + Other 'Fleas' here.
Root : Flea + Lee Iacocca
Pronounciation : Easy
Usage : Hank McKinnell, Pfizer's former CEO is a good example of a Flea Iacocca.He earned $198 million, including $78 million in deferred compensation that he built up in 35 years at the pharmaceutical company. Pfizer shares sank 40% on his watch, which ended last year. The company had to cut billions in costs and fire thousands of employees, and said it wouldn't see revenue growth until 2009.
Source + Other 'Fleas' here.
Root : Flea + Lee Iacocca
posted by Gowri Shankar at
8:08 PM
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