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Pay Up; Executive Compensation
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 399 no. 8738 (Jun. 2011)
,
page 70.
Topik:
Stockholders
;
Bonuses
;
Stock Options
;
Executive Compensation
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.66
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
According to GovernanceMetrics International (GMI), a research firm, bosses' pay rose sharply in 2010. The average among firms that have already reported was nearly $12m.The top earners so far are Bob Iger of Walt Disney, with total compensation of $54.9m, followed by George Paz of Express Scripts, a pharmacy-benefits management firm, and Lew Frankfort of Coach, a bagmaker. The highest earners benefited from a resurgence of cash bonuses, which had previously declined; $29.3m of Irani's pay was in cash. The trend towards paying bosses in restricted stock (eg, shares that cannot be sold for several years) continued, and probably helped to align bosses' interests with shareholders'. But share options continued to raise eyebrows.
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