It Pays To Be A CEO
NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 milli...
NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 milli...
The Huffington Post | Mark Gongloff | Posted 05.07.2012
The shareholder revolt against banker pay seems to have fizzled out. Shareholders late last week rejected the pay plan for Sterling Bancorp, a New ...
Judith Samuelson | Posted 04.23.2012
What would pay look like if pay packages emphasized investment in the real economy over short term profits that emanate from the non-productive activity that got us into trouble in the first place? Citi might be a great place to experiment.
The Huffington Post | Ariel Edwards-Levy | Posted 04.19.2012
Rep. Barney Frank (D-Mass.) praised on Thursday the decision by Citigroup shareholders to reject proposals for executive pay packages that would have ...
The Huffington Post | Mark Gongloff | Posted 04.19.2012
Citigroup shareholders seem to have started a trend. After the resounding rejection of Citigroup's compensation plan earlier this week, shareholder...
William Lazonick | Posted 04.04.2012
It is about time that we took control of exploding executive pay. It is not just that the sums involved are unfair, and as history has shown, will only become more obscene. These executives control the allocation of resources that represent the well-being of the 99 percent.
The Huffington Post | Harry Bradford | Posted 12.24.2011
Despite growing income inequality, and global protests criticizing the wealth gap, CEO compensation now exceeds pre-recession levels, totaling billion...
William Lazonick | Posted 09.13.2011
It's time to demand that US business corporations be governed according to the principles of innovative enterprise, and not by the anti-innovation principle of maximizing shareholder value.
Reuters | Posted 06.01.2011
Morgan Stanley, Goldman Sachs and JPMorgan Chase & Co will soon join Citigroup and Bank of America Corp in allowing shareholders to vote on executiv...
Lisa Gilbert | Posted 05.25.2011
As Wall Street continues to churn out big compensation and shareholders vote for more frequent opportunities to speak out, we can expect continued attention on the risky pay practices of big companies.
Joe Keefe | Posted 05.25.2011
Sen. Dodd's proposed financial reform bill creates a consumer protection watchdog, a financial oversight council to monitor systemic risk and a new office to oversee credit rating agencies.
Norman Goldman | Posted 05.25.2011
We need corporate reform by way of requiring all shareholders to approve all pay of all executives at all publicly traded corporations. Only then will this looting insanity end.
David M. Roberts | Posted 05.25.2011
A recent academic study by Fahlenbrach & Stulz actually shows that on average the CEO's in the financial crisis did not take big gains while shareholders suffered losses. The median loss for a CEO was $5.1million.
Jesse Strauss | Posted 05.25.2011
Although Wall Street maybe too big to fail, corporate governance reform is just too important to fail.
ft.com | Lucian Bebchuk | Posted 05.25.2011
A bill requiring federal regulators to draw up rules for compensation structures in the financial sector was passed by the US House of Representatives...
Gerald McEntee | Posted 05.25.2011
A key step to fixing our economy is making sure that the interests of shareholders and stakeholders are considered in corporate board rooms.
The Big Money | Mark Gimein | Posted 05.25.2011
Imagine you are a shareholder in a company that, year in and year out, gives its chief executive 10-figure pay packages. You're unhappy about this, an...
Kim Cranston | Posted 05.25.2011
See how organizations and people you trust, like Ed Begley, Jr., Ceres, Pride Foundation, Responsible Endowments Coalition, recommend you vote and why.
Harry Moroz | Posted 05.25.2011
This morning, Senator Chris Dodd warned that Congress might take a step that would send shivers down the spines of every CEO: federal caps on executive pay.
Gerald McEntee | Posted 05.25.2011
American families have already seen what unregulated corporate gurus can do, yet McCain wants the insurance industry to enjoy the same kind of unregulated excess that he gave the investment bankers.
AP | CHRISTINA REXRODE and BERNARD CONDON | Posted 05.25.2012