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News & Information
News and Information
July 1, 2013 An Unstoppable Climb in C.E.O. PaySource: Gretchen Morgenson, NY Times
WHEN we made our annual foray into the executive pay gold mine in April, chief executives’ earnings for 2012 showed what appeared to be muted growth on the year. The $14 million in median overall compensation received by the top...
Source: NY Times
The “say on pay” experiment is a bust. The Dodd-Frank financial overhaul law gave shareholders the ability to vote on the pay packages of top executives, and it turns out that they fall over themselves to approve.
Source: NBC News
Tensions started rising at Men's Wearhouse Inc over the past six months, as founder and executive chairman George Zimmer increasingly butted heads with his handpicked CEO over the clothing retailer's strategy.
Source: Daily News
John Hammergren, chairman and CEO of McKesson Corp., has set a mind-boggling record of $159 million for the largest retirement package in U.S. corporate history. But an expert on executive compensation reportedly calls the...
Source: Huff Post
Abercrombie and Fitch's shareholders have sent CEO Mike Jeffries and his fellow executives a harsh message: You’re getting paid too much. About 75 percent of Abercrombie's shareholders voted against the company's executive pay...
June 24, 2013 CEO, worker pay gap continues to widenSource: Seattle Times
It’s time to stop criticizing the compensation of America’s job creators. In fact, their pay as a share of gross domestic product has been falling since the 1970s, with the exception of a few years in the 1990s. If they have a...
June 24, 2013 Apple CEO's stock grant now subject to share performanceSource: Chicago Tribune
SAN FRANCISCO - Apple Inc> Chief Executive Tim Cook's one-time stock award worth over $413 million as of Friday is now partly subject to the performance of the shares, a move that followed discussions with the company's largest...
June 20, 2013 Compliance and "Best Practices" No Longer Sufficient Standards for Executive Pay ProgramsSource: Wall Street Journal
Instead of relying on political correctness as an executive pay strategy, Boards of Directors need to put the spotlight back on building great leadership teams to drive their companies' long-term success, says a new white paper...
Source: Economic Times
NEW DELHI: The government is looking to review the guidelines governing executive pay practices at the companies to bring them in tune with the changing times in terms of the economic advances in the country. The existing...
June 17, 2013 CEO pay, by the numbersSource: Crain's NY Business
Wall Street still rules the world of executive compensation, at least in New York. Not that the chief executives of other New York companies are in the poorhouse. The 100 highest-paid CEOs of public companies based in the New...
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