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News & Information
News and Information
January 22, 2014 IBM top executives to forgo bonuses as profits fallSource: BBC News
The chief executive and senior management of IBM, the world's biggest computer-services provider, have said they will forgo their bonuses for 2013. The move comes as the firm reported a 5% drop in sales and 1% decline in net...
January 21, 2014 Ousted Yahoo exec's golden parachute may be a recordSource: CNN Money
Henrique de Castro is leaving Yahoo with an severance package estimated to be more than $60 million, one of the largest golden parachutes ever given to an executive who was fired.
January 17, 2014 Corporate Directors, Institutional Investors Remain Divided Over Current State of Executive Pay, Towers Watson and Alliance Advisors Survey FindsSource: Business\Wire
While agreeing that the U.S. executive pay model has improved over the past five years, corporate directors and institutional investors remain divided over several key aspects, including the impact of say-on-pay voting,...
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...
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