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Quack! Quack! Something to impressed about with Aflaaac!

Alexander Ferguson wrote:

If you've ever seen a big American sports event (by that we mean NFL, Baseball and College Football), there is always the Aflac trivia question. With the most annoying duck on the planet quacking away, the scream of "Aflaaaaaaac!" is something that will forever stick in the mind.

So here's my Aflac triva question for you:

"Which CEO has just made himself $26m poorer by forgoeing golden parachute provisions in his contract?"

Here's the answer:

Daniel Amos, chairman and CEO of Aflac.

I'm serious. In a world where investment banks CEOs are struggling to put their hands in their own wallet and making sure that they aren't paid to the hilt at a time where the world is collapsing around their ears and they are begging for bailouts, Mr Amos has done a pretty darned good thing.

Listen, we realise that the shareholders aren't too happy about the monster fall in revenues in the third quarter, and there would have been absolute outrage HAD he taken the money and run, but you know what? We can name a couple of US CEOs who have taken more while helping to implode their companies.

Now let's hope that when we get through all this rubbish Mr Amos won't become the 'Bad Duck' and demand $60m worth of golden parachutes, eh?

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