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CEO Say, Can You See? Tully’s Mucky-Mucks Ge...

CEO Say, Can You See? Tully’s Mucky-Mucks Get Massive Raises While America Suffers Dreadful Recession

Feeling a pinch in your pocket? Tipping your barista less and less each day? Wondering where your expendable income has gone? Then you must NOT be Tom O’Keefe or Carl Pennington Jr. These twin towering paragons of the Tully’s empire received enormous bonuses and raises this fiscal year.

Carl Pennington Sr., was paid $488,328 during 2009. That’s 32 percent higher than his compensation a year earlier, which included $80,693 paid to him plus $290,000 paid to Pinnacle Management for unspecified reasons.

Melissa Allison’s NewsTime Coffee Fun Blog – Tully’s Coffee founder gets 88 percent pay raise

 


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