Speaking of losers

Former Eimskip CEO, Baldur Gudnason is taking the company to court over payments owed to him totalling 162 million ISK. 

Baldur’s control of Eimskip ended in disaster with the company posting a then Icelandic record-loss of almost 100 billion ISK. Obviously the board therefore saw fit to grant him a severance deal of 50.000 Euros for 24 month. 

The lesson should be to screw up in style if you are going to screw up at all.

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