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Biglari shareholders approve CEO's incentive pay


Guest kumar

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Biglari shareholders approve CEO's incentive pay

 

http://www.mysanantonio.com/business/local/biglari_shareholders_approve_ceos_incentive_pay_106797313.html

 

Shareholders of Biglari Holdings Inc., restaurant chain Steak n Shake's parent company, on Friday approved a revised inventive bonus agreement for Chairman and CEO Sardar Biglari.....“The board felt it was rational and that was the key,” he said after the vote on the revised agreement. About 82 percent of the voting shares favored the proposal.....

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Heads I win, tails I win.  Still making a million per, with or without bonus.  At least that is what I remember. 

 

I'm sold out of this freakshow for now but I will buy back in at the right price.

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