Corporate_Governance[1]

Corporate_Governance[1] - Are CEOs Paid Too Much? Year CEO...

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Are CEOs Paid Too Much? CEO Salary Year Compared to Average Worker 1980 42 times 1990 85 times 2000 531 times 2005 411 times Source: Business Week
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0 100 200 300 400 500 600 700 800 900 1000 Belg . Fr. Ger . It . NL Sp . Swe . Swi . UK USA Stock Plan Other Perks Cy Car Cy Ben. Plan Soc. Sec. Contr . Bonus Base Salary In USD ‘000 Comparative Total Comp. cost - Top Management position
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The Conference Board Recommendations on executive compensation • Compensation Committee Responsibilities – Compensation committee members should be independent – Chair of compensation committee should be accountable – Meetings (called by Chair) should be held independent of board meetings – All forms of compensation should be reported to SEC • Performance-based Compensation – Link to long-term strategic goals – Recapture provisions in cases of malfeasance • Equity-based Incentives – Expense stock options (report all costs prominently) – Require execs to accumulate stock – Minimum holding periods
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Corporate_Governance[1] - Are CEOs Paid Too Much? Year CEO...

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