Obscene executive remuneration undoubtedly exists, and its classic fodder for ridicule. But how easy is it to define and regulate CEO pay?
CEOs
Leighton CEO King of the heap on vulgar pay rich list
As the final annual reports trickle in, the truly horrific picture of just how much Australia’s richest CEOs were paid last year is being fully revealed.
Termination payouts: government policy simply makes sense
The federal government introduced a Bill seeking to limit executive termination payments to one year’s fixed salary. But in a move that’s commercially, morally and politically indefensible, the Libs have opposed it.
Chris Bowen is very, very wrong on executive pay
Part of the reason that executives are paid so much is because of their ability to make their jobs sound far more complicated and difficult than they actually are.
Importing success: the world’s best immigrant CEOs
Immigration reform is set to be a thorny political issue for US President Barack Obama. Business Week uses it as an excuse for a photo essay of the world’s most successful executive imports.
Taking stock: How to keep CEOs in check
If CEOs were forced to invest in large long-term stakes in the companies they manage, shareholders would be able to stop worrying about executive bonuses, argues Zac Bissionnette.
Work/life balance? Tell ‘em they’re dreaming…
Former GE CEO Jack Welch has announced that “There’s no such thing as work-life balance” if you want to get to the top. Women hear it constantly, but what does it mean for men?
Executive pay: regulation is not a dirty word
In the midst of a global recession, few issues have galvanized public anger in developed countries as much as executive pay, writes CFMEU national secretary John Sutton.
Are these Australia’s busiest directors?
Fewer and fewer directors seem to be getting the prize gongs, such as chairmanships of listed companies, writes Glenn Dyer.
Golden handshakes limited by legislation, CEOs unimpressed
Despite the Federal Government’s gold handshake legislation merely giving shareholders the right to veto large payouts, CEOs were unimpressed.
Diary of a Surgeon: How to run a hospital — by the textbook
The turnover of senior managers in the public hospital system is remarkable, writes Guy Maddern professor of surgery at the University of Adelaide.
Forget British MPs, check out the CEO gravy train
The MP expenses scandal in Britain is pocket money compared with some CEOs’ paydays. Not content with breaking that scandal, The Telegraph turns its attention to bosses of Britain’s FTSE 100.
Talking the town: CEO Sleepout at Luna Park
This may not be the day to ask your boss for a pay rise, if he or she took part in the St Vincent de Paul CEO Sleepout last night, writes Margot Saville.
A good CEO is a storyteller
It is the CEOs with a great yarn to tell who do best. Think Bill Gates and his dream of putting a PC in every home. Starbucks’ Howard Schultz who wanted to bring Milan’s espresso to America.
Do CEOs matter? The Apple case study
Like fretful parents at the bedside of an ailing child, Apple investors have been wringing their hands over the health of Steve Jobs for nearly a year now—or even longer. Are they right?
Ten of the most egregious CEO perks in US business
Golden coffins and country club memberships. Some of the most jarring CEO excesses of the pre-GFC good times.
Telstra changing of the guards: McGauchie out, Thodley in
In a move indicating that Telstra is keen to soothe relations with government and large shareholders, the well-regarded Catherine Livingstone will also become the new chairman of the company.
Rudd’s good deed on golden handshakes
The Federal Government appears to be taking a solid first step towards reducing executive largesse.
The Art of CEO Succession
Believe it or not, we need more CEOs (well, good ones). And that means good mentoring and transition plans. DuPont Chief Executive Charles O Holliday Jr sets the gold standard.
Greed is irrelevant to GFC
Greed isn’t why the financial crisis happened, and restraining it won’t prevent bad stuff from happening again, writes Barry Schwartz.
APRA turns the screws on finance sector executive pay
APRA has given a sneak preview of its coming review of executive pay.
QBE executes stunning CEO pay backflip
The former market darling has bowed to shareholder pressure and amended its departing chief’s retirement benefits, writes Adam Schwab.
Political snippets: The News Corp bonkability index
A new height (or should that be depth) was reached this morning on the news.com.au website.
Rudd tackles executive remuneration: does nothing
Fear not executives, your multi-million dollar short-term bonuses are far safer than your investors’ capital, writes Adam Schwab.
Executive pay push ignores performance
According to Warren Buffett: ‘Too often, executive compensation in the US is ridiculously out of line with performance’. Adam Schwab agrees.
