tv
eye 550
favorite 0
quote 0
, dom. we have more on blackberry. the company releasing interim ceo john chen's pay details. chen will receive a base salary of $1 million with bonus up to twice that amount and stock awards potentially worth some $85 million. there's one catch. the majority of those share awards will only kick in after chen completes five years with blackberry. the event chen is fired without cause, will he be paid up to $6 million. is this the pay-by-performance metric, the right model for ceo pay? joining me is john martini, who thinks this is a fair transaction while robert weisman from subcitizen disagrees. is this pay-for-performance model the right way to go? let's talk about that. robert. >> it's a good step forward and it's nice this is -- the value doesn't divest until you along time. there's just too much money on the table. we're seeing a constant pattern of ever-increasing ceo pay with no limit. you are generally seeing people get paid for bad performance, including the now departing ceo of blackberry. >> john? >> well, maria, i have to say, it's impossible for me or robert or anyone else