Wal King recently gave a spray about the ridiculously high salaries received by CEOs. Maybe he should be looking at his own pay packet — $29 million since 2008, nearly all cash — before casting stones.
Ceo remuneration
Which bank? Definitely not a big one.
US investors lost confidence in large banks getting bailed out by the government. Community banks are cashing in and cleaning up, advertising directly to local customers angry about large CEO payouts and irresponsible investing.
Mayne: Investors unite for a CEO pay revolt
Stephen Mayne displays some shareholder activist at the Transurban AGM in Melbourne today, where the remuneration report was defeated by a whopping 69% of voters.
United in fat cat pay anger
Last week, shareholders in contractor United Group vented their anger at the company’s generous pay practices (including a 30% pay rise for the CEO!) with the majority of shares being voted against the company.
Exec pay: two strikes, too soft
The “two-strike” rule for executive remuneration should be rejected not because it is too hard on directors, but rather, because it is too soft, and targets the wrong people.
Why are US and Australian fat cats so obese?
With recent debate by the Productivity Commission on executive pay, Kenneth Davidson asks why we pay so much for CEOs, when it’s obvious that high salaries don’t equal strong company performance.
Your Say: Daily Mail readers' feedback: Executive Remuneration
Crikey readers weigh in on how measuring the obscenity of executive remuneration, the danger of footpaths and the South Ossetian war between Georgia and Russia.
Grattan: It should pay to take risks
The Productivity Commission’s report on executive pay won’t completely satisfy those, like the Greens, that wanted caps on pay. Except, caps aren’t a practical option, writes Michelle Grattan.
Executive remuneration: PC pays out on directors
The Productivity Commission has produced an excellent report on executive remuneration and every share owner in the country should read it. Particularly the part about directors.
Crikey Says: Who says CEOs get paid too much?
Obscene executive remuneration undoubtedly exists, and its classic fodder for ridicule. But how easy is it to define and regulate CEO pay?
APRA squibs it on executive pay
The Australian Prudential Regulation Authority has drastically watered down its executive pay guidelines, so financial executives can once again rest easy.
Your Say: Daily Mail readers' feedback: Mungo McCallum killed Michael Jackson?
Crikey readers weigh in on East Timor and if Kevin Rudd saved the economy with the stimulus package, then did Mungo McCallum kill Michael Jackson?
US CEOs sidestep the GFC, reap millions
While shareholders may have suffered from the global financial crisis, executives have been doing pretty nicely. Like the CEO of Blackstone, whose executive pay in 2008 was US$702 million.
The Trujillo shambles that haunts Telstra
Former Telstra CEO Sol Trujillo’s departure with $9.06 million in his pocket was a final insult to long suffering shareholders. Why was he paid so much to deliver so little?
Exception to the rule: Transurban CEO earns his keep
Chris Lynch has completed a remarkable transformation at toll road operator, Transurban since replacing Kim Edwards as CEO in April 2008, writes Adam Schwab.
