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News & Information
News and Information
January 14, 2014 The directors who set executive pay aren’t limiting their own raisesSource: Quartz
The perception of excessive pay not properly linked to performance puts executives—and the boards that sanction their compensation—in the crosshairs of activists, politicians and a wide variety of scolds.
January 12, 2014 CEO Salaries on the Rise
wltx.com - At a time most employees can barely remember their last substantial raise, median CEO pay jumped 27% in 2010 as the executives' compensation started working its way back to prerecession levels, a USA TODAY analysis of...
January 8, 2014 Determining Executive Pay: Boards Need to Assess CEOs' Behavior, Not Only Their PerformanceSource: PR Newswire
"Everyone expects boards to assess the performance of CEOs when determining their pay, but they must also assess the manner in which the CEO performs," says executive compensation expert Bruce R. Ellig, author of the...
January 6, 2014 5 Huge CEO Pay Raises of 2013Source: Investor Place
The median 2012 CEO pay package, for example, enjoyed a 16% year-over-year increase … even as the median household income showed no significant change. And that divergence is hardly new; CEO pay has grown 127 faster than worker...
December 30, 2013 France’s Hollande Gets Court Approval for 75% Millionaire TaxSource: Bloomberg
French President Francois Hollande received approval from the country’s constitutional court to proceed with his plan to tax salaries above 1 million euros at 75 percent for this year and next.
December 30, 2013 Activist hedge funds launch fight for right to pay bonusesSource: FT.com
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December 26, 2013 More on CEO Pay and Boards of Directors
Belief.Net - Itâs about corporate strategy and sustainability. And all of those things are what the boards failed to do,â said Nell Minow, a co-founder of îthe Corporate Libraryî and an advocate of...
Nonprofit groups in Massachusetts are paying their chief executives huge amounts of money and giving them lavish perks unavailable to most workers, according to a new report from Attorney General Martha Coakley’s office that...
December 24, 2013 Disney cuts CEO pay, adds Twitter co-founder Jack Dorsey to boardSource: Live Mint
Walt Disney Co. Ltd has slashed chief executive Bob Iger’s fiscal 2013 compensation by 15% with a bonus cut, and named Twitter Inc. co-founder Jack Dorsey an independent board director. Dorsey, widely credited with creating...
December 22, 2013 Oregon Treasurer Seeks Better Transparency About Corporate Executive Pay
TMCnet.com - The largest state trust fund is the îOregon Public Employees Retirementî Fund, which stood at $66.3 billion as of Oct. 31. The Treasurer is the custodian of state funds and also a member of the Oregon...
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