The Patriot Post® · CEO Returns Healthy Bonus

If you share the sentiments of Sen. Elizabeth Warren, CEOs are nothing but wealthy, selfish snobs out to rob the American people. While it’s true greed is entirely too prevalent among our elite, some are out to prove that making a difference in clients’ lives is more important than their paycheck. Writing at Fortunate.com, Dan Primacy reports, “Rick Holley is CEO of Plum Creek Timber Co., a Seattle-based real estate investment trust that owns and manages around 6.8 million acres of timberland in 19 states. [Thursday] Holley disclosed, via a regulatory filing, that he has returned 44,445 restricted stock units back to the company because ‘he does not believe that he should receive such an award unless Plum Creek’s stockholders see an increase in their investment return.’” Just how much are we talking? “At today’s opening price of $41.80 per share, Holley’s giveback would work out to more than $1.85 million.” According to Holley, “This has been a year where total shareholder returns are down 10% or more. It just wasn’t the right thing to do.” Merry Christmas! More…