i2 CEO Travels … A Lot

An industrious, courteous blogger highlights seven CEOs with huge perks and suggests how to reallocate some of that money. Included is i2’s head honcho:

i2 CEO Michael McGrath gets $942,000 in travel expenses to commute from his home in Maine to the IT company’s offices in Dallas: McGrath gets a $248 Grankulla/Munkarp sofabed … from the Frisco, Texas Ikea so he can spend the night at his office during the work week, and the remaining $941,752 are distributed among the employees to go either towards a really fancy bicycle or covering comutting costs via public transportation.

Not bad.

Update: A friendly FrontBurnervian says the info Listicles cites is very, very old:

I saw your post about i2’s CEO travel expenses from yesterday. I realize you were just copying from Listicles, but I wanted to give you the heads up that Michael McGrath hasn’t served as i2’s CEO since August 2007. The CNBC video Listicles referred to is pretty old.

Apologies.

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Comments

2 responses to “i2 CEO Travels … A Lot”

  1. matt says:

    Public transportation? Never heard of it.

  2. ex-i2er says:

    Public transportation to i2’s headquarters? How, exactly?