Management Turnover as Change Agent

Monday, June 23, 2008

Recommended Reading - CEOs Still Making Huge Pay

Allan Sloan of Fortune Magazine was recently interviewed by Scott Jagow of National Public Radio's Marketplace. Sloan talked about the rise in CEO salaries despite growing complaints and resistance from shareholders as it relates to soaring CEO salaries.  
...if there's anything in the world that chief executive officers of U.S. corporations care about, it's their compensation packages. And they care a lot. And no matter what the formula is, or often what the shareholders do, the CEOs influence the process enough -- either directly or indirectly -- that they all make out...
The interview is in text but I recommend you listen to the audio if you can.

No comments: