Thread regarding Capella Education Co. layoffs

Capella CEO Gilligan (and Other Executives) Highly "Overpaid"

"Gilligan's total pay was $2.97 million last year compared to $2.84 in 2014, Capella (NYSE: CPLA) said in the regulatory filing....Gilligan's 2014 pay package made him one of the most overpaid CEOs, according to a Minneapolis/St. Paul Business Journal analysis of executive pay and performance. Capella ranked 57th-best for Minnesota's largest public companies in an accompanying analysis of growth, momentum and stock performance. Total compensation for other highly-paid executives:

Steven Polacek, senior vice president and chief financial officer: $1.45 million (up 5 percent)

Renee Jackson, vice president and general counsel: $477,427 (Jackson joined the company Dec. 1, 2014)

Peter Ramstad, senior vice president and chief human resources officer: $790,069 (Ramstad joined the company April 1)

Scott Kinney, former senior vice president and university president: $810,090 (down 9 percent, although he resigned from both positions toward the end of last year)"

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