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Hanesbrands Stock Is Believed To Be Modestly Overvalued

Hanesbrands Stock Is Believed To Be Modestly Overvalued
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Returning to work is balancing act between safety and adapting to changes


The transition back to the workplace in the ongoing COVID-19 pandemic may present unprecedented challenges for employee and employer alike.
In many instances, it won’t be as simple as putting your family’s picture or a potted plant back on the desk.
Workers could find their desks now in another room, another floor, another building, across town or another city because the employer chose during the pandemic to shrink its office footprint.
Both Truist Financial Corp. and Wells Fargo & Co. have commenced significant office downsizing initiatives, including in Winston-Salem for Truist.
Workers may wonder whether their employer will request or require a COVID-19 vaccination? Will the company offer an enticement or monetary incentive? ....

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Stock awards boost 2020 compensation for Hanesbrands' first-year CEO


Hanesbrands chief executive Stephen Bratspies, who took over his new duties on Aug. 3, received $4.83 million in total compensation for fiscal 2020.
Contributed
The fiscal 2020 compensation for Hanesbrands Inc.’s chief executive Stephen Bratspies was heavily tilted — as expected — toward stock and stock options awards, the company said in a regulatory filing Tuesday.
Bratspies’ total compensation was $4.83 million.
Hanesbrands is the lone publicly traded corporation with headquarters in Winston-Salem, as well as the city’s only Fortune 500 company. The manufacturer has about 2,500 employees in Forsyth County.
Bratspies took over as chief executive on Aug. 3 already eligible for more than $2.8 million in equity awards. The company said the equity awards were granted “to induce Bratspies to commence employment” on his starting date. ....

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