As Champion Enterprises closes plants and lays off workers to save their bottom line, it would be nice to think that Champion executives would consider themselves part of the team and act accordingly with their own pay. As you can see, the man, William C. Griffiths, who runs Champion Enterprises, is treated exceptionally well when it comes to compensation:
Basic
Compensation
Total
Annual Compensation, USD
Long-Term
Incentive Plans, USD
All
Other, USD
Fiscal
Year Total, USD
1,175,040
--
182,118
2,499,460
That also goes for the the person next in order, Phyllis A. Knight's compensation:
Basic
Compensation
Total
Annual Compensation, USD
Long-Term
Incentive Plans, USD
All
Other, USD
Fiscal
Year Total, USD
541,515
--
8,569
977,312
Given that the economy is crumbling, it will be interesting to see if Champion Enterprises continues to lay off workers and close plants while leaving the executive's pay intact. One thing is certain, don't count on Champion Genesis Redman spending money to make repairs on customers faulty homes. If they did not spend much money on service when the economy was good, you can only imagine how little they will spend when the economy is bad.
If you are in the market for a manufactured or modular do your research, stay with reputable companies and avoid the Champion NIGHTMARE.
