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Post by unknown on Feb 29, 2016 18:42:23 GMT
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Shirley U Geste
Chaos Manager
Cats, cats, cats and more cats!!
Posts: 10,385
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Post by Shirley U Geste on Feb 29, 2016 18:56:54 GMT
The company is buried under $6 million in debt, $4.2 million owed to employees in severance and vacation pay.
Wonder if the CEO got her pay before she stepped down and let the trustee take over.
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Post by unknown on Feb 29, 2016 19:09:21 GMT
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val2525
Chaos Manager
Posts: 30,830
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Post by val2525 on Feb 29, 2016 20:24:04 GMT
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val2525
Chaos Manager
Posts: 30,830
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Post by val2525 on Mar 1, 2016 5:48:07 GMT
www.torontosun.com/2016/01/18/goodwill-ceo-classic-case-of-failing-upwardsAs often happens in the poverty industry — which tends to recycle the same questionably competent people for six-figure jobs — she landed on her feet a year later at Goodwill Industries, making virtually the same six-figure salary. She promptly seconded David Chu, son of Gordon Chu (who left TCHC just before the A-G’s report under heavy criticism for sole source deal from China) to work with her as vice-president of business services. Chu made $137,532 in 2014.
Hired as CEO of Goodwill Industries for Toronto, Eastern, Central and Northern Ontario: Spring of 2012 an education allowance) Salary in 2012: $217,348 Salary in 2014: $230,538 (a 6% increase despite cash flow issues)
If they were having cash flow issues back in 2014, WTH did they give her a RAISE? She hadn't fixed the problem. And if the problems had been going on this long, why didn't she take steps to shutter some stores and cut back on employees? Or give 30 days notice prior to layoffs?
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