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News & Information
News and Information
February 19, 2016 Citigroup Gave Its CEO a Huge Pay RaiseSource: Fortune
Citigroup raised Chief Executive Michael Corbat’s pay by an estimated 27% in 2015, a year in which the bank’s profit more than doubled.
February 18, 2016 100 Most Overpaid CEOs: Disney CEO Rober Iger Falls On Annual List, Les Moonves Of CBS RisesSource: International Business Times
America’s highest-paid bosses are doing just fine. But according to shareholder advocates, they’re doing better than they should be
February 12, 2016 The Executive Pay Cap That BackfiredSource: ProPublica
Wealth, jobs and pay inequality are big political issues this presidential primary season, and they’re bound to become bigger once the parties pick their nominees. In the plethora of plans candidates tout for tackling these...
February 11, 2016 Executive pay is on the rise, which is good news for recruitersSource: Crain's NY
“Companies have to make top offers to hire top talent—or they’ll just lose them,” said Jason Wachtel, chief executive at JW Michaels (No. 7 on Crain’s list), who has been working in recruiting for 12 years. “The average raise is...
February 8, 2016 Credit Suisse's Chief Executive Is Reducing His Own BonusSource: Fortune
Credit Suisse’s chief executive is waiving part of his bonus in response to the lender’s first full-year loss since 2008, weekly Sonntagszeitung said on Sunday
February 1, 2016 Why Most Companies Don’t Link ESG Performance to Executive PaySource: Environmental Leader
Linking executive pay to corporate environmental, social and governance performance isn’t a new idea but it’s been slow to gain traction.
January 27, 2016 Top 10 Topics for Directors in 2016: Executive CompensationSource: JDSupra
But this year, due to the SEC’s active rulemaking in 2015, directors will have more to fret about than just say-on-pay. Roughly five years after the Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted, the SEC...
January 22, 2016 JPMorgan CEO gets 35% pay raise to $27M amid cutbacksSource: USA Today
NEW YORK --Even as Wall Street braces for more cuts to jobs and bonuses, JPMorgan Chase CEO Jamie Dimon was paid $27 million in 2015, up from $20 million the year before, the company said Thursday.
January 20, 2016 NYS Appellate Court Upholds Executive Compensation Order and Regulations: What Happens Next?Source: Lexology
On Dec. 30, 2015, the New York State Appellate Division, Second Department upheld the validity of Governor Cuomo’s Executive Order pertaining to executive compensation and administrative expenses of certain service providers (EO...
January 11, 2016 Obama's Weak 'Pay Transparency' Executive OrderSource: Huff Post
Employment lawyers are scrambling to help their clients comply with President Obama's new "transparency in pay" executive order, effective this week. They needn't worry. It's far too weak to harm employers, and it won't do...
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