The Executive Discount
Guess who is not paying retail.
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Summary:
A retailer of consumer electronics, home office products, entertainment software, appliances and related services. View More
Last Trade:Change:
Summary:
The Company is engaged in the design, marketing and distribution of lifestyle products, including men's, women's and children's
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Richard M. Schulze
Top executives and directors for
Polo Ralph Lauren, based in New York, get 50 percent off most products sold in the company’s stores.
Best Buy chairman
Dick Schulze received $1,815 in discounted equipment from the Minnesota-based electronics retailer in the 2007 fiscal year. Schulze, who stepped down as C.E.O. in 2002, also was given unspecified discounts on his satellite-TV and cell-phone service.
Now that Jones New York has sold Barneys to Dubai-based Istithmar for nearly $1 billion, Jones directors will lose their discount at the tony retailer. Last year, director Allen Questrom’s 35 percent discount saved him up to $35,198.
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American Standard gave former senior vice president James Dwyer $33,000 worth of products before he stepped down last year.
Now that Jones New York has sold Barneys to Dubai-based Istithmar for nearly $1 billion, Jones directors will lose their discount at the tony retailer. Last year, director Allen Questrom’s 35 percent discount saved him up to $35,198.
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