Monday, November 18, 2019

Atlanta, Georgia-Based Software and Services Company NCR Corp's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Robust 13.6% Per Year During the Past Five Years

The fourth Democratic 2020 Presidential candidate debate was held on October 15, 2019 at Otterbein University in Westerville, Ohio, a Columbus suburb.  It was good to see a significant improvement in the quality and relevance of the questions asked by the hosts, particularly the major focus on the key economic issues.  Nearly all of the 12 candidates performed well but two of them stuck out as exceptional ..... Pete Buttigieg and Amy Klobuchar ..... who both substantially stepped up their insightful assertiveness.  

Amy gave the single most relevant phrase when she asserted that so much of what Elizabeth Warren is proposing are "Pipe Dreams" and have no chance of getting enacted.  Independents and even reasonable Republicans, who will be deciding the 2020 Presidential general election, have zero interest in these fiscally irresponsible "Pipe Dreams".  This is not going to unify the country, which is what the country is desperately seeking in the next President.  Of all the Democratic Presidential candidates, Pete Buttigieg will be the best unifier of a very divided country.

The fifth Democratic 2020 Presidential candidate debate will be held on November 20, 2019 in  Atlanta, Georgia.  Let's hope MSNBC does a much better job this time.  Last time it couldn't control the candidates and also it pretty much ignored the key economic issues.  Glad to see Washington Post is co-hosting this key event.

So far in my research of large US Corps I have shown that their Top-Tier Executives have been rewarded continually with just enormous annual increases in pay and employee benefits, mostly stock equity compensation, to the extent that the key issue to US citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

While increasing the US federal minimum wage will help here, there is a much broader and critical problem that needs to be solved.  The annual percentage increase in the pay and employee benefits of Company non-executive employees are minuscule in relation to that of Company executive employees and this has been going on for decades.  When Corporate CEOs and CFOs primarily view non-executive employees as Costs rather than as People, this is what happens.  And neither political party has had the courage to take on US Corps here.

So I now will be doing research and making posts on the annual pay and employee benefits percentage increases that the Top-Tier Executives of large Georgia Companies were rewarded with in the past five to ten years.  

The 33rd Georgia Company I am addressing here is Software and Services Company NCR Corp.

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows NCR Corp's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past five years.
  
NCR Corp's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a robust 13.6% per year during the past five years.
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
NCR Corp 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Hayford CEO  N/A   N/A 
Martire Executive Chairman  N/A   N/A 
Sullivan COO  N/A   N/A 
Fernandez CFO  N/A   N/A 
Campbell EVP Global Sales  N/A   N/A 
Nuti Former Chairman and CEO  N/A   N/A      12,435     19,190     19,190     11,947     11,947       9,285       9,285     11,151
Fishman Former CFO       2,847       2,516       2,516       6,088       6,088       2,503       2,503       1,708       1,708       1,954
Benjamin COO  N/A   N/A 
Langenbahn EVP Global Software       3,230       3,953
Bayer Former EVP Global Sales  N/A   N/A        3,869       2,789  N/A   N/A 
Marquardt EVP Services and Enterprise Quality       4,881       2,974       2,974       1,653    
Heyman President Financial Services       2,853       1,786
Bruno EVP Industry & Field Operations  N/A   N/A 
 Totals        2,847       2,516     18,181     29,231     34,028     20,213     20,277     14,432     10,993     13,105
Annual % Change vs Prior Year 13.2% -37.8% 68.3% 40.5% -16.1%
5 Year Average Per Year % Change 13.6%



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