iOS app Android app

Say on Pay

J.C. Penney's Overcompensated Ex-CEO Still Sinking Its Stock

Denise Mattson | Posted 03.24.2014 | Business
Denise Mattson

From the Pope to billionaires, people are beginning to reject today's popular CEO compensation formula as unjust. There is no reason other than greed to explain how one human's contribution can be worth more than the contribution of 1,000.

Abercrombie Shareholders Cry Foul About Executive Pay

The Huffington Post | Posted 06.25.2013 | Business

Abercrombie and Fitch's shareholders have sent CEO Mike Jeffries and his fellow executives a harsh message: You’re getting paid too much. About ...

CEOs Are Still Living The Good Life

Posted 04.08.2013 | Business

CEOs are living the good life. On the company’s dime. America's 100 best-paid corporate chiefs got an 18.7 percent boost in their perks packages...

Beyond the Pale: 'Too Big to Jail'

Leo W. Gerard | Posted 05.11.2013 | Business
Leo W. Gerard

Banks, after all, are nothing but corporations. Corporations are legal constructs that citizens have the right to rebuild to properly serve society. European countries began doing that last week.

Citi Still Mum On CEO Pay

Mark Gongloff | Posted 08.29.2012 | Business
Mark Gongloff

How on earth is Vikram Pandit supposed to do other important banker things when he is constantly being pestered by you people about his pay?

It Pays To Be A CEO

AP | CHRISTINA REXRODE and BERNARD CONDON | Posted 07.25.2012 | Business

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...

So Much For Shareholder Revolt

The Huffington Post | Mark Gongloff | Posted 05.07.2012 | Business

The shareholder revolt against banker pay seems to have fizzled out. Shareholders late last week rejected the pay plan for Sterling Bancorp, a New ...

'No' Vote on Citigroup's Pay Should Spark CEO Compensation Reform

Judith Samuelson | Posted 06.23.2012 | Business
Judith Samuelson

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.

Barney Frank Praises Vote To Dock CEO's Pay

The Huffington Post | Ariel Edwards-Levy | Posted 04.19.2012 | Politics

Rep. Barney Frank (D-Mass.) praised on Thursday the decision by Citigroup shareholders to reject proposals for executive pay packages that would have ...

Citi Shareholder Revolt Spreads To Other Banks

The Huffington Post | Mark Gongloff | Posted 04.19.2012 | Business

Citigroup shareholders seem to have started a trend. After the resounding rejection of Citigroup's compensation plan earlier this week, shareholder...

How High CEO Pay Hurts the 99 Percent

William Lazonick | Posted 06.04.2012 | Business
William Lazonick

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.

Vast Majority Of Shareholders OK With CEO Pay Rates

The Huffington Post | Harry Bradford | Posted 12.24.2011 | Business

Despite growing income inequality, and global protests criticizing the wealth gap, CEO compensation now exceeds pre-recession levels, totaling billion...

Sky-High Executive Compensation Kills Jobs, Innovation, and Prosperity

William Lazonick | Posted 09.13.2011 | Politics
William Lazonick

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.

Wall Street May Allow Shareholders To Vote On Executive Pay

Reuters | Posted 06.01.2011 | Business

Morgan Stanley, Goldman Sachs and JPMorgan Chase & Co will soon join Citigroup and Bank of America Corp in allowing shareholders to vote on executiv...

As Wall Street Pay Hits Record Highs, Shareholders Want Their Say, Often

Lisa Gilbert | Posted 05.25.2011 | Business
Lisa Gilbert

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.

Financial Reform Needs to Protect Investors

Joe Keefe | Posted 05.25.2011 | Business
Joe Keefe

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.

Too Compromised to Govern: the Top Conflicts Plaguing Corporate Governance

Jesse Strauss | Posted 05.25.2011 | Business
Jesse Strauss

Although Wall Street maybe too big to fail, corporate governance reform is just too important to fail.

Where Are The Shareholders?

Norman Goldman | Posted 05.25.2011 | Business
Norman Goldman

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.

Executive Compensation - "Keep the Bubble in the Middle"

David M. Roberts | Posted 05.25.2011 | Business
David M. Roberts

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.

Why Wall Street Needs Pay Limits: Financial Times Op-Ed

ft.com | Lucian Bebchuk | Posted 05.25.2011 | Business

A bill requiring federal regulators to draw up rules for compensation structures in the financial sector was passed by the US House of Representatives...

AFSCME Urges Say-on-Pay for Shareholders

Gerald McEntee | Posted 05.25.2011 | Politics
Gerald McEntee

A key step to fixing our economy is making sure that the interests of shareholders and stakeholders are considered in corporate board rooms.

"Say on Pay" Draws Heavy GOP Opposition

The Big Money | Mark Gimein | Posted 05.25.2011 | Business

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...

Unsure How to Vote Your Exxon Mobil, Chevron and Other Proxy Ballots?

Kim Cranston | Posted 05.25.2011 | Politics
Kim Cranston

See how organizations and people you trust, like Ed Begley, Jr., Ceres, Pride Foundation, Responsible Endowments Coalition, recommend you vote and why.

A Congressional Ultimatum for CEOs

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

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.

Fundamentally Wrong

Gerald McEntee | Posted 05.25.2011 | Politics
Gerald McEntee

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.