1.0
Aug 31, 2018
Former employee, more than 5 years
New York, NY
Recommend
CEO approval
Business Outlook
Pros
Some very creative minds developed a compensation plan which is unattainable, providing a large percentage of “free cash flow” for debt repayments. Don’t pay = cost reduction, good job.
Cons
Rules of engagement are purposely obtuse. Executive management divorced from reality. As a shareholder, I’m furious with the Board and when the first debt payment is missed, they should answer for their gross incompetence. It’s almost unfathomable that Frontier leadership could make so many poor decisions time and time again. Nothing nefarious implied here only the unbound, reckless egos or proactive indifference by those in charge. How many unrestricted, ”standard” shares have the Board and CXX’s purchased over the past 24 months?
