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SF's boss gets big raise while company shows no improvement

Talk about anything that has to do with the amusement park industry here.
Postby Bob O on October 5th, 2006, 12:07 am
http://denver.bizjournals.com/denver/st ... ily21.html

Im sure the rank and file employee's who got hours cut late in the year or the people working during FF would like a raise 1/2 of what Shapiro received.
Im all in fgavor of raises for CEO's who add shareholder and increase proift 's but that isnt the case with SF.

Mod Note: In the future please post a link, don't copy and paste the whole story and not give a link.
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Postby Ilovthevu' on October 5th, 2006, 12:42 pm
Synder thinks that Shapiro is doing just fine. So, for next year, expect the same things to happen. In other words, another record breaking declining season is coming our way, and to the whoe chain. He doesn't know what he is doing. Just because he was with ESPN doesn't mean he was with Disney.

They are too completely different types of ideas (Sports is different than Amusement Park). You don't have to do much to keep people happy at a Sports arena. Where's the beer, and is my favorite wide receiver injured or not?
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Postby Galvan on October 6th, 2006, 4:06 pm
I think you two need to step off your soap boxes an use a little common sense.

First, do you really expect things to change with Shapiro only being at the helm some 6 months or so? Seriously, If you think theres going to be a night and day change after that amount of time, then Id love to see you people try and do it. Because it isnt as easy as flipping a switch.

Shapiro did earn a raise in my opinon, he turned an otherwise dirty crappy outfit into at the very least a more respected one. And that especially in this industry is no fancy feat.

So, before you get on your pulpit and preach to all of us how unjustified something is, maybe you should look in the mirror, close your eyes and remember your first 6 months at your new job, Im sure youll see things a tad bit different.
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Postby Bob O on October 7th, 2006, 2:05 pm
I agree with Galvan that Shapiro has done a good job so far. He has tried his best to get the company going in the right direction and deserves kudo's for that. But this doesnt mean he deserves a raise at all, and if for someone reason he is deserving of a raise, the amont that was issued is outrageous.
And where is SF more respected?, by the public or Wall St?? By the attendance numbers or finiancial reports there is little proof that SF is anymore respected than it was last year when the manegement had a better fiscal year.

CEO's performance is based on how much money the company makes and it's stock performance, and when the company fails to yet again make money and goes deeper in debt, that is not a reason to give a raise.
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