It's been a tough couple of decades for workers here in North Carolina's rust belt, but our once-proud local business sector can still compete with the rest of the state when it comes to executive compensation.
Four of last year's ten top-paid executives at large public companies in NC are based in the Triad -- five if you include Burlington -- according to this article in the QCO.
Greensboro claims two of the top ten: Lorillards's Murray Kessler, who places second on the money list with just over $13 million, and Eric Wiseman of VF Corp. Winston-Salem also draws a pair, with Richard Noll of Hanesbrands and Daniel Delen of Reynolds American. LabCorp's David King puts Alamance County on the list.
Charlotte is the single best-represented city, with four names on the roster, including top dog Robert Toth ($15 million) of high-tech filtration company Polypore International. Sign of the times: None of the four is a banker. North Wilkesboro (Robert Niblock of Lowe's, $11.6 million) is on the list, but Raleigh is not.
Here's the full Top 50 list of compensation for public-company execs. Remember, it doesn't include privately-held firms or, for that matter, athletes or entertainers, so it's not an exhaustive catalog of best-paid North Carolinians.
The Observer's Ely Portillo points out that executive compensation was not always tethered to shareholder value. One example, from right here in the Triad: "Lawrence Rogers, CEO of Sealy Corp., saw his pay rise 285 percent, to $4.5 million...The company had a negative return of 41 percent for shareholders." Much of that income was from a stock grant; Rogers did not a cash bonus in the wake of that bad year, but he did get another 1.4 million shares of stock.
The United Nations Agenda 21 is being covertly pushed into local communities throughout the United States of America through the International Council of Local Environmental Initiatives (ICLEI), implementing local “sustainable development” policies such as “Smart Growth”, “Wildlands Projects”, “Resilient Cities”, “Regional Visioning Projects” and other “Green” or “Alternative” projects.
Here's Pat McCrory tweeting his proud support for the resolution.
And here's Pat McCrory talking about "sustainable business...sustainable infrastructure...sustainable process," and here he is lauding "smart growth," and here's a chat about regional visioning, and, well, you get the idea.
So was McCrory working for the One Worlders at the UN, or was he merely their dupe?
Much more likely: The sensible Guilford County native was discussing sensible ideas of the sort that made him the popular mayor of a business-friendly city.
The real question is, what kind of governor would Pat be? The guy who ran Charlotte, or the one who panders to conspiracy theorists?