Leading the List of Cool Executive Perks…

Fred WhittleseyConscious Compensation: The Impact Compensation Blog, Pay and Performance: The Compensation Blog

  A story published by AP today, based on its direct investigations, tells the story of a water district executive in California who received a $1.4 million loan, in connection with his hiring, to purchase a home.  Years later he left that employer, but has yet to repay the loan. And still has the home.  And another one in Pebble Beach. … Read More

Conscious Compensation®: Solution for Old Problems

Fred WhittleseyConscious Compensation: The Impact Compensation Blog0 Comments

With the new year upon us and “proxy season” on its way, we can expect to hear some familiar refrains about executive pay. Maybe something like this:”…corporate profits rose 108 percent, and CEO pay rose 481 percent, but the average worker’s pay rose just 28 percent (during the 8-year period), barely more than inflation…” “…pushing the average large company CEO … Read More

Look Who’s Coming to Dinner..or maybe a late continental breakfast

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

After the last entry “Change is Possible” – check this out: Committee to Hold Hearing on CEO Pay and the Mortgage Crisis The Committee on Oversight and Government Reform will hold a hearing titled, “Executive Compensation II: CEO Pay and the Mortgage Crisis” on Thursday morning, February 28, 2008, in 2154 Rayburn House Office Building. The hearing will examine the … Read More

Opcni bonusy: V USA zacina “pripad stoleti”

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

I wish I could tell you what this article, published in Financni Poradce (CZ), says.The sentence that caught my eye was “…San Francisco Chronicle Fred Whittlesey sef poradenske firmy v oblasti odmenovani zamestnancu Compensation Venture.” The article also mentions the SEC, Christopher Cox, CNN, Bloomberg, the Wall Street Journal, and Marvell Technology so I’m in good company.I assume it must … Read More

Maytag CEO Ralph Hake: The Poster Child for Whats Wrong with CEO Compensation

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

Rarely in this blog will you see me directly criticize an individual’s compensation arrangements but this example epitomizes why shareholders are angry about the state of CEO compensation today. It is these types of incidents that lead to generalizations about executive pay and the resulting activism, legislation, and misguided reactions. We cannot conclude that all CEO pay is wrong, or … Read More