'Great theater' starring Lincare
There's an interesting tidbit in the St. Petersburg Times this morning about Lincare. It's in a column
by Robert Trigaux about how annual corporate meetings are "great theater." Lincare's annual corporate meeting is coming up (May 11), and Trigaux gives us a primer on a potential topic of discussion:
CEO John Byrnes received total compensation last year of more than $6.5 million — plus a few perks. The company pays for his golf club membership, as well as his undergoing an "extensive physical examination that is not otherwise available to employees."
American Pie Presents: Beta House ipod
More unusual, perhaps, is Lincare's making available to its executive officers personal use of company-owned and -operated aircraft. Why? A board of directors' committee said it "believes that the use of such aircraft provides for a higher level of personal security for the company's executive officers."
A company-owned and -operated aircraft for a company that considers Medicare its biggest payer? I'm just saying...
Liz Beaulieu
