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Freedom paid out $3.7M in bonuses to top executives
Updated 2 months, 2 weeks ago
Source:
http://azcapitoltimes.com/
Most Freedom Communications employees probably have never heard of the company’s MBO bonus program, but the higher-ups know all about it.
The program paid out more than $3.7 million to Freedom’s top executives during the past year, not to mention other expenses such as partner distributions, automobile reimbursements, club memberships and, for at least one executive, housing allowances, according to federal bankruptcy filings.
At least 49 Freedom executives, including publishers ...
Showing 25 relevant reactions out of 27.
Former Freedomer 2 months, 3 weeks ago on Wordpress
As a former worker for Freedom Broadcasting, former because my entire place of employment was shutdown, this article makes me absolutely sick to my stomach. Whether these numbers are inflated a bit, or not, at least 80% are much much higher than my yearly salary. Absolutely pathetic. And as far as people “working their behinds off” — what a bunch of BS. My hope is one day their way ... See all content
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M Hood 3 months ago on Wordpress
Ok my comment was intended as “tongue in cheek”, I watched as Freedom let good people go (hell I thought I was pretty good) and hired people at the corporate level that could not find their butts with both hands.
So don’t get me wrong 5% pay cuts and unpaid furloughs while the bosses took bonuses is not right, but I am sure it makes sense to those folks on the west coast
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matthewworkman 3 months ago on Twitter
Freedom Communications pays @ktvl GM $42,000 bonus while employees get pay cuts and forced time off w/o pay. http://tinyurl.com/yd7ynsb
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ex freedom employee 3 months ago on Wordpress
wow, to think of all the times that I had to write off my overtime so that we could make budget. Now I see all the broadcast executives that received these bonuses, and I can see where my overtime income went. Thank you Freedom Corporate, it was a pleasure to let you steal from me. Thank you Scott Flanders, and Doreen Wade. It is nice to see that you are able to make a living, and bonuses by stealing ... See all content
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shannon 3 months ago on Wordpress
I worked for The Freedom Family for more than a few years. It is GREAT not to be anymore.
Is this article accurate? I would be inclined to say it is.
Is this artical surprizing? Maybe a little but it shouldn’t be.
I left just after my unpaid furlough but before the 5% pay cut. I feel badly for the friends that I left behind but as the GM told some long time but concerned
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@Tired of the BS
1. The writer isn’t hiding with no byline. You are.
2. Possible that the writer misspelled some names. Names can be tricky. Knowing, however, that a plural ’s’ doesn’t come with an apostrophe is grade school grammar. (It’s “editors” not “editor’s.”)
3. Whether the people on this list are good or
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Matt Bunk 3 months ago on Wordpress
This is not an anonymous blog. The writer is Matt Bunk. The link to check this work can be found at: http://www.loganandco.com/client_detail_docket.asp?DebtorId=361
If anyone sees anything that’s not correct, feel free to email me at matt.bunk@azcapitoltimes.com
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freedomjane 3 months ago on Wordpress
@Tired of the BS
To Tired of BS,
Many of the people on this list did not ”work their backsides off” as you state.
Many on this list were and still are part of the reason why of this wonderful company fell apart. They deserved no reward.
Sales people of Freedom were not paid commissions or bonus’s if they did not make their goals, so please tell me why
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smoothjazzandmore 3 months ago on Wordpress
Tired of the BS - HELLO?? WHEN YOU GO TO BANKRUPTCY COURT, YOU MUST HAVE FULL DISCLOSURE!! YOU WANT SOMEONE TO BLAME? BLAME FREEDOM’S CEO AND HIS UPPER MANAGERS FOR CAUSING THIS TO HAPPEN!
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rainycamp 3 months ago on Twitter
Bankrupt Freedom Communications pays $3.7 million in executive bonuses: http://bit.ly/5BHyV
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uberVU - social comments 3 months ago on Wordpress
Social comments and analytics for this post…
This post was mentioned on Twitter by azcapitoltimes: Freedom Communications paid out $3.7M in bonuses to execs in last year. See story at http://tinyurl.com/yd7ynsb...
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Poynter 3 months ago on Twitter
Freedom Commmunications top executives pulled in more than $3.7 million in bonuses during the past year: http://bit.ly/2xC0TJ /@mediaspy
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schoolofold 3 months ago on Twitter
Not surprising to see Freedom execs get big bonuses but it is aggravating http://bit.ly/23RDKl
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Just curious 3 months ago on Wordpress
Can you do a little more digging on this issue? I guarantee you that there are more than 45 people in the company who received MBOs last year.
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Tired of the BS 3 months ago on Wordpress
Wow. I would have thought a website that allegedly does quality reporting would have vetted this information. Heck, it’s public record! But no. Instead the numbers are highly inflated in at least a dozen cases. Simple math is all it takes, but apparently the so-called reporter lacks those skills.
It’s a shame that many on this list who have worked their backsides off for so many
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Jean Whitney 3 months ago on Wordpress
Is there not bankruptsy laws against yjis kind of miss use.
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Freedom Communications……OOPS!! « Destin Wedding and Beach PhotographerDestin Wedding Photographer and Destin Beach Portraits 3 months ago on Wordpress
[...] off of newspapers as a whole. However, check this out the Arizona Capitol Times reported that at least 45 Freedom executives received millions total in bonuses during the year. On the list is the publisher of the Northwest Florida Daily News who allegedly received eight of [...]
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Caring Less & Less 3 months ago on Wordpress
Great to see a company squanders its resources by laying off talent while rewarding incompetence. How can Flanders given a bonus for bankrupting the company? That is the only thing he did the whole time he was a Freedom!
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azcapitoltimes 3 months ago on Twitter
Freedom Communications paid out $3.7M in bonuses to execs in last year. See story at http://tinyurl.com/yd7ynsb
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