Layoffs at LAist

[Weiserguy]

But we're talking about management of a public (non-proifit) radio station, not big or bio-tech. The fact remains, between housing and general cost of living; $500K is not an unreasonable salary for senior management in a market like L.A.

Especially when that person is responsible for an operation that bills $42 million in annual revenue.

And if we're discussing someone earning a *total* comp package of $500K to run an entire NFP organization in a market like L.A., then I can't dispute that. But there were two issues way up-thread: what's the value of his *total* comp package, and why is the former guy still sucking an additional $500K per year out of the organization when he hasn't been involved in four years?

 

[TheBigA]

why is the former guy still sucking an additional $500K per year out of the organization when he hasn't been involved in four years?

Because he IS still involved. Take a look at the bottom of this page:

Board of Trustees

SOUTHERN CALIFORNIA PUBLIC RADIO BOARD OF TRUSTEES

www.kpcc.org

I posted a link about his role in starting this station earlier in this thread. This is not a typical former employee.

KPCC Chief, Southern California Public Radio Founding President, CEO Bill Davis Steps Down – Pasadena Now

Daily Newsmagazine and City Guide to Pasadena, California featuring local news, breaking news, events, weather, sports news, schools news, shopping, restaurants and more from Pasadena Now

www.pasadenanow.com

It's obvious from that article that they see value in keeping him and his name associated with the station.

Some colleges pay former professors as emeritus to keep them around, so this isn't unusual.