24/7 Wall St. Most Overpaid CEO Of The Day: TW Telecom (TWTC) CEO Larissa Herda
TW Telecom (TWTC) lowered its guidance yesterday. Its shares were promptly downgraded by Citigroup and Merriman Curhan Ford. All of that caused TWTC shares to drop 14% to a 52-week low of $11.57, down from a period high of $24.…
TW Telecom (TWTC) lowered its guidance yesterday. Its shares were promptly downgraded by Citigroup and Merriman Curhan Ford.
All of that caused TWTC shares to drop 14% to a 52-week low of $11.57, down from a period high of $24.
TW Telecom’s CEO Larissa Herda has been doing unusually well with a base salary of $800,000 last year and total compensation of almost $5.3 million.
Herda got a bump to $850,000 for 2008. Nice income for the CEO at a company which has lost half of its market cap.
Douglas A. McIntyre
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
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