The Securities and Exchange Commission on Tuesday approved a measure that gives institutional shareholders a vote on executive pay at large corporations, part of regulators’ efforts to give investors greater say over top-level …
Now that General Motors is on better financial footing and the automaker’s initial public offering of stock is behind it, CEO Daniel Akerson is reportedly seeking to have government restrictions on executive pay eased.
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Thanks to public outcry and the prodding of the SEC, public companies don’t throw crazy perks at their CEOs the way they once did. But execs still routinely get lavish benefits that increase their pay by millions. See our list …
Yahoo CEO Carol Bartz has been praised for her blunt, foul-mouthed management style. But with shares of the company down more than 14% this year, her $39 million pay package is a little hard to swallow.
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Considering how often airline industry executives complain about how hard it is to run a profitable carrier, one might expect their efforts could go unrewarded — at least monetarily. Not so at the new United Continental Holdin…