May 05 2021, 10:11 PM
May 05 2021, 4:30 PM
May 05 2021, 10:11 PM
(Bloomberg) Norwegian Cruise Line called 2020 its âmost challenging year.â The company lost $4 billion, a half decadeâs worth of profit. Shares dropped 56%. Thousands of crew members lost their livelihoods.
(Bloomberg) Norwegian Cruise Line called 2020 its âmost challenging year.â The company lost $4 billion, a half decadeâs worth of profit. Shares dropped 56%. Thousands of crew members lost their livelihoods.
But Frank Del Rio, its chief executive officer, did just great. He collected his biggest-ever pay package: $36.4 million.
How? Corporate boards cut Del Rio and scores of other CEOs extraordinary slack for miserable results in the pandemic, securities filings show. Otherwise, their pay would have plunged because it is tied to metrics such as sales, profit and stock prices.
CEO Pandemic Pay: ‘Heads I Win, Tails I Win Almost as Much’
Bloomberg 4 hrs ago Anders Melin
(Bloomberg) Norwegian Cruise Line called 2020 its “most challenging year.” The company lost $4 billion, a half decade’s worth of profit. Shares dropped 56%. Thousands of crew members lost their livelihoods.
But Frank Del Rio, its chief executive officer, did just great. He collected his biggest-ever pay package: $36.4 million.
How? Corporate boards cut Del Rio and scores of other CEOs extraordinary slack for miserable results in the pandemic, securities filings show. Otherwise, their pay would have plunged because it is tied to metrics such as sales, profit and stock prices.
Patrick Industries buys RV plastics supplier Alpha Systems
Alpha s major products include adhesives and sealants, roofing membranes for RVs, and other plastics for RVs. May 5, 2021 Canadian Plastics
The financial terms of the deal have not been disclosed.
Both companies are headquartered in Elkhart, Ind.
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Alpha is a rotational molder, injection molder, and blow molder, and will continue to operate on a stand-alone basis under the Alpha name in its existing manufacturing facilities. Its major products include adhesives and sealants, roofing membranes for RVs, and other plastics for RVs.
“Alpha’s broad array of products adds scale and complements our current portfolio offering with bolt-on product line extensions,” Andy Nemeth, Patrick’s president and CEO, said in a news release. “In addition, their local footprint and well-respected sales and marketing team offer opportunities to expand our aftermarket presence as well as our
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the decorative laminates market in the US.
Frequently Asked Questions:
Based on segmentation by product, which is the leading segment in the market?
LPL had the largest market share in the decorative laminates market in the US in 2021.
What are the major trends in the market?
Product innovations and new designs will emerge as key trends in the market.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the decorative laminates market in the US.
Frequently Asked Questions:
Based on segmentation by product, which is the leading segment in the market?
LPL had the largest market share in the decorative laminates market in the US in 2021.
What are the major trends in the market?
Product innovations and new designs will emerge as key trends in the market.