Page 1 of 1
USRowing Money Printer go brrr
Posted: Wed Mar 30, 2022 7:41 pm
by crewu
January 27, 2022
APPROVAL OF THE CEO 2021 BONUS
Upon motion duly made and seconded, the Board approved the CEO, Amanda Kraus, 2021 bonus
payment of $50,000.
Get all the national team coaches off the payroll. Bonus up the CEO. Welcome to corporate America!!! Good times!
https://usrowing.org/documents/2022/3/2 ... inutes.pdf
Re: USRowing Money Printer go brrr
Posted: Wed Mar 30, 2022 8:37 pm
by rowing
What % of GMS is that?
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 6:20 am
by porsche5k
rowing wrote:What % of GMS is that?
lol
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 7:34 am
by sandor
All going according to plan.
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 8:20 am
by rowing
sandor wrote:All going according to plan.
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 9:08 am
by lt.wolf
If her contract had goals with incentives written into it and the goals were met then she should get the bonus.
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 10:40 am
by lt.wolf
Here is the skinny
A big part of her compensation was built into the bonus as the board was worried about a a CEO not hitting goals. At this point she has exceeded or hit every goal set in place.
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 1:02 pm
by str8four
I have a recommended goal for her 2022 performance plan:
- In 2022, receive 75% positive comments from Elite, Veteran, and Old Timer members of the Rowing Illustrated community.
This goal is specific, measurable, attainable, realistic (maybe), and timely.
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 1:21 pm
by gamestop
str8four wrote:measurable
I like this but good luck measuring a comment from rowing
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 1:29 pm
by rowing
gamestop wrote:str8four wrote:measurable
I like this but good luck measuring a comment from rowing
Length and girth still the standard?
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 1:53 pm
by crewu
lt.wolf wrote:Here is the skinny
A big part of her compensation was built into the bonus as the board was worried about a a CEO not hitting goals. At this point she has exceeded or hit every goal set in place.
Do the paying membership get to see these goals. You clearly know them and I hope you can share how measurably successful our CEO has been.
I see an organization rewarding a CEO attempting to cut it's way to prosperity at a time the national team is not producing. But perhaps my goals aren't shared by the Board.
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 2:14 pm
by lt.wolf
Thats a contract between the board and the CEO. Those emails are public for your personal research.
I cant pass judgement on the national team just yet, the new system is just being put together.
Re: USRowing Money Printer go brrr
Posted: Thu Mar 31, 2022 6:05 pm
by Almostflipped
In 2022, receive 75% positive comments from Elite, Veteran, and Old Timer members of the Rowing Illustrated community.
God himself couldn’t pull that off. I’m less than thrilled with some of the decisions to date, but we need to give her a fair target.