Boards appear to be taking a more cautious approach to total chief executive compensation, though the pay gap between worker and boss continues to grow.Read More
Stebbins' package includes a $2.4 million cash severance payment and $10.2 million in instantly vested stock awards, according to the filing.Read More
At least four federal agencies (the IRS, the Department of Labor, the Department of Health and Human Services and even the Department of Housing and Urban Development) are writing hundreds of pages of regulations that will apply as health care reform is implemented over the next six years.
An executive must win the respect of those around him every day to be effective. Failure to do so undermines his or her success.
The company's board said Case was being rewarded for the financial performance of the commercial insurance brokerage and corporate consultant.Read More
Under the Dodd-Frank reform law, large companies are required let their shareholders vote on compensation matters in elections known as say-on-pay.Read More
Hartford's Liam McGee had come under fire this year from the president of hedge fund manager Paulson & Co. and Hartford's largest single stockholder, who urged Hartford to break up the company in order to boost shareholder value.
In today's fast-paced, challenging world, if you're not doing everything possible to avoid having air in your chairs, then you are ceding the game to your competitors rather than having people who can help your organization grow, thrive and head off disasters. Read More
A new report suggests that corporate boards of directors are becoming increasingly wary of so-called ‘golden parachute,' that is, change in control severance agreements.
For a company paying the federal minimum wage of $7.25 an hour (about $15,000 a year for a full-time worker), what if the total compensation for the CEO was capped at 100 times that? That means a CEO's annual income would be about $1.5 million. As pay goes, that's not peanuts. But it also is a far cry from packages that have ballooned for many execs into the tens and hundreds of millions of dollars. Read More