America’s Lamest CEO (pictured) recently raised the price of a pill made by his company from $13.50 a pill to $750 a pill, only to find that a San Diego-based company, Imprimis Pharmaceuticals, now offers a similar pill that costs roughly $1. The compound counters infections for people with weakened immune systems such as patients with HIV/AIDS, pregnant women and …
Tag Archives: CEO
Some decisions aren’t economical
Howard Schultz, Starbucks’ CEO, had this to say in regard to faith groups boycotting his company for its pro-marriage equality stance: “Not every decision is an economic decision. Despite the fact that you recite statistics that are narrow in time, we did provide a 38% shareholder return over the last year. I don’t know how …
“Is any one else freaking out right now?”
Because Dan Price, a Seattle-based CEO who cut his pay and raised his workers’ salaries to a minimum of $70,000, said he was freaking out when he made the announcement. Price said he made the moves because he sees a “moral imperative” to bridge the income gap. What can we learn from this? Plenty, says …
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