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Apr 21: Shareholders Revolt(ed) against Citibank Exec Pay
April 20th, 2012 by Sam

Sam commentary: 2012-04-21-samantha-clemens-p1-commentary.mp3

Todd Wallack: 2012-04-21-samantha-clemens-p2-todd-wallack-liberty-mutual.mp3

Paul Dorf: 2012-04-21-samantha-clemens-p3-paul-dorf-exec-comp.mp3

 

Is a sleeping giant waking up??

 ”Citigroup’s shareholders recently took advantage of the new “say-on-pay” provisions of the Dodd-Frank law to vote DOWN CEO Vikram Pandit’s $15 million pay package.”

Woohoo…

And here in Boston, the Liberty Mutual CEO has been under fire for collecting $50 million A YEAR for his job…. When rates are set by the state! Is he really that good??

 

 

  •  Paul Dworf, Managing Director of Compensation Resources Inc, is an expert in Executive Compensation. We’ll talk about:
    • how these guys set executive compensation levels,
    • how they measure success,
    • how they hire these guys in the first place,
    • how compensation and the attitude of the execs has changed over time,
    • what the effect of tax increases would have
    • and whether more money is really an incentive for these guys.

My question: Just how is it that the free market can’t get these wages DOWN instead of up in a down economy? Are there more of these guys on the streets – more supply of executive labor than demand? What’s going on?

Call in: 617 237 1234!

 


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