{"id":1455,"date":"2008-08-22T12:44:06","date_gmt":"2008-08-22T19:44:06","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=1455"},"modified":"2008-08-22T12:44:12","modified_gmt":"2008-08-22T19:44:12","slug":"overpaid-ceo-of-the-day-pacsuns-sally-kasaks","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=1455","title":{"rendered":"Overpaid CEO Of The Day: PacSun&#8217;s Sally Kasaks"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.pacsun.com\/\" target=\"_blank\">PacSun&#8217;s<\/a><\/strong> CEO <strong>Sally Frame Kasaks<\/strong> has won <strong><a href=\"http:\/\/www.247wallst.com\/2008\/08\/247-wall-st-m-9.html\" target=\"_blank\">24\/7 Wall Street&#8217;s Overpaid CEO of the Day<\/a><\/strong> award for August 22, 2008 thanks to her total compensation last year of $3.2 million and the fact that the PacSun stock is off over 60 percent during the last year.<\/p>\n<blockquote><p>After posted flat revenue of $312 million for the last quarter, and operating income of only $3.7 million, Pacific Sunwear&#8217;s shares fell 31% today to just above $5. . . . Four firms downgraded PSUN today: Robert W. Baird, Friedman Billings, Roth Capital and BB&#38;T Capital. The most significant cause of the ratings revisions was that the company dropped guidance for the third and fourth quarters.<\/p><\/blockquote>\n<p>Yet, as they point out: Kasaks salary remained the same.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.247wallst.com\/2008\/08\/247-wall-st-m-9.html\" target=\"_blank\">24\/7 Wall St.<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PacSun&#8217;s CEO Sally Frame Kasaks has won 24\/7 Wall Street&#8217;s Overpaid CEO of the Day award for August 22, 2008 thanks to her total compensation last year of $3.2 million and the fact that the PacSun stock is off over 60 percent during the last year. After posted flat revenue of $312 million for the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1455"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1455"}],"version-history":[{"count":0,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1455\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1455"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}