BOSTON, March 27 (Reuters) - An architect of the shareholder votes companies hold on executive compensation said he is "disappointed" they have not led to more changes, noting that wealthy mutual fund company leaders make weak overseers of CEO pay.
big check (which was quite a bit bigger than the original Beam value, which sweetens the deal a lot). I assume I need to pay cap gains on that cashout. No sweat, as that sweetness covers it easily. But I have received no 1099-DIV form for this cashout
(Reuters) - A prominent investor in Wal-Mart Stores Inc is pushing ahead with a campaign to link a portion of executive compensation to staff motivation, a sign that the retailer's wage hike last week won't end outside pressure over employee pay and benefits.
criticized for its empire-building mentality and its lavish executive compensation practices. Yielding to shareholder pressure, Home Depot scaled back executive compensation . In 2013, then-CEO Blake received total compensation of
year. The level below merely makes a low seven-figure salary. The problem with this is that total senior executive compensation really adds up. This is money that rightfully belongs to the shareholders of the company. What’s worse
outsiders. Nike has picked from the leaders of other iconic American businesses to fill its board. Although total executive compensation is generous, it does not seem out of line with that of other large corporations, and performance incentives
are now trying to catch up; and the pension managers who don’t use their power of proxy votes to keep executive compensation in check. [ The author is also the vice-chairman of the Employee Retirement System of Texas, a $24 billion
value creation. That became even more of an issue with the financial crisis and the perception of excessive executive compensation and a lack of corporate governance. The authors offer a long and useful list of ways in which banks and
S. stock market. By requiring publicly traded companies to disclose their finances, legal conflicts, executive compensation and other details, the system deters wrongdoing, encourages management competence and assures that investors compete
one-dollar CEO salary . Both agreed to sit down with Kellogg Insight to discuss some of the latest trends in executive compensation . Here is an excerpt from our conversation, edited for length and clarity. Listen to the accompanying podcast