Archive for the ‘ceo+pay’ Category

Op-Ed Columnist - Need a Job? $17,000 an Hour. No Success Required

Thursday, September 18th, 2008

"Compare the massive destruction of wealth for shareholders to what he gets at the end of the day," said Lucian Bebchuk, the director of the corporate governance program at Harvard Law School. A central flaw of governance is that boards of directors frequently are ornamental and provide negligible oversight. ...

Freddie Mac CEO gets $19.8 million in ‘07

Friday, July 18th, 2008

Corporate CEO pay is a scandal no one wants to touch...here another example: If Syron stays at the helm of Freddie Mac through the end of next year, he will receive nearly $20 million in stock awards if the board says he has met certain goals. This year, he is ...