Contact l Sitemap

home industries issues reasearch weblog press

Home  » Issues » Executive Compensation

News Articles : Displaying 46-65 of 71


US: Who Signed Off on Those Options?
by Eric DashThe New York Times
August 27th, 2006
As Silicon Valley companies competed for top talent during the heady days of the dot-com boom — luring stars with plump signing bonuses and the most highly prized manna of all, stock options — Mercury Interactive, a highflying software concern, joined the fray with gusto.

US: Belated Apologies in Proxy Land
by Gretchen MorgensonThe New York Times
August 20th, 2006
Let us now praise a mutual fund company that actually voted in its customers’ interests when casting annual proxy votes this spring. And let us now rebuke the corporate executives who didn’t bother responding to letters from the fund company’s chairman detailing its views.

US: Creditors: Dana execs' bonus plan could spur pension cuts
by Joseph RebelloAssociated Press
August 14th, 2006
Dana Corp. creditors said the company's latest plan to reward six top executives would allow them to reap a "windfall" if they were to get Dana to cut workers' retirement benefits.

US: Options Brought Riches and Now Big Trouble
by Floyd NorrisThe New York Times
July 25th, 2006
It was stock options that made Gregory L. Reyes, the former chief executive of Brocade Communications Systems, very rich, and now it is abuse of options that may send him to prison.

US: Study Finds Backdating of Options Widespread
by Stephanie SaulThe New York Times
July 17th, 2006
More than 2,000 companies appear to have used backdated stock options to sweeten their top executives’ pay packages, according to a new study that suggests the practice is far more widespread than previously disclosed.

US: Many Executives' Paychecks Swelled
by Terence O'HaraThe Washington Post
July 10th, 2006
An analysis of 282 local executives at 109 area companies who have had the same title from 2003 until the end of 2005 showed that merely sticking around gives an executive an excellent chance of getting a raise, sometimes a big one. In many cases, raises are dictated by employment contracts or other compensation practices that have nothing to do with an executive's job performance and are often divorced from the kind of market logic that dictates how most people are paid.

FRANCE: France's shareholder revolt
by Henri AstierBBC
June 29th, 2006

US: Apollo Group Receives Subpoena for Stock Options Records
Bloomberg News
June 20th, 2006
Apollo Group Inc., a for-profit education company whose schools include the University of Phoenix, said yesterday that it had received a subpoena from the United States attorney's office for the Southern District of New York, related to stock option grants.

UK: Scottish Power Pays Former Executives 'Obscene' £11m
by Ashley SeagerThe Guardian (UK)
June 19th, 2006
Four executives of energy company Scottish Power cost the company £11m in severance pay when they left their jobs over the past year, the group's annual report revealed yesterday. The payouts were immediately condemned as "obscene" by the Scottish National party's energy spokesman, Richard Lochhead.

US: Earning power
by Laura SmithermanBaltimore Sun
June 18th, 2006
Although "pay for performance" has become the catchphrase in boardrooms, executive compensation continues to swell at companies thriving and not, large and small, through practices that have drawn scorn from investor groups and labor unions.

EU: U.S.-Style Pay Packages Are All the Rage in Europe
by Geraldine FabrikantThe New York Times
June 16th, 2006
Along with hip-hop and Hollywood movies, Europeans are eagerly importing another American phenomenon: soaring pay packages for chief executives.

US: Big Bonuses Still Flow, Even if Bosses Miss Goals
by Gretchen MorgensonThe New York Times
May 31st, 2006
As executive pay packages have rocketed in recent years, their defenders have contended that because most are tied to company performance, they are both earned and deserved. But as the Las Vegas Sands example shows, investors who plow through company filings often find that executive compensation exceeds the amounts allowed under the performance targets set by the directors.

US: With Links to Board, Home Depot Chief Saw His Pay Soar
by Julie CreswellThe New York Times
May 24th, 2006

US: Uh-oh, it's the shareholders
by Bruce MeyersonChicago Sun-Times
May 21st, 2006
It happens only once a year, and yet so many headstrong corporate CEO's can't seem to cope with being in a room with shareholders for a few hours at the annual meeting.

US: Executives Take Company Planes as if Their Own
by Geraldine FabrikantThe New York Times
May 10th, 2006
Richard D. Parsons, chairman and chief executive of Time Warner, owns a small vineyard in Tuscany that produces a Brunello di Montalcino selling for $80 a bottle, adorned with a crest of the Parsons family.

US: Chief's Pay Is Docked by Raytheon
by Leslie WayneThe New York Times
May 3rd, 2006
Raytheon directors punished the chief executive, William H. Swanson, by taking away almost $1 million from his 2006 compensation yesterday because he failed to give credit for material that was in a management book he wrote.

US: Exxon Chairman Got Retirement Package Worth at Least $398 Million
by Jad MouawadThe New York Times
April 13th, 2006
Last year's high oil prices not only helped Exxon Mobil report $36 billion in profit � the most ever for any corporation � they also allowed Lee R. Raymond to retire in style as chairman of Exxon Mobil.

US: EXECUTIVE PAY; C.E.O. Pay Keeps Rising, And Bigger Rises Faster
by Eric DashThe New York Times
April 9th, 2006
CHIEF executives' pay continued to rise in 2005, although at a slightly slower pace than in 2004.

US: AFL-CIO puts big CEO pensions under scope
by Edward IwataUSA Today
April 7th, 2006
Amid growing concern over a wave of cutbacks in corporate pension plans for employees, the CEOs of top U.S. companies would receive "golden pensions" that range from $2 million to $6.5 million a year, according to a study by the AFL-CIO union federation.

US: SEC Moves to Require More Disclosure on Executive Pay
Associated Press
January 17th, 2006
Federal securities regulators moved Tuesday to require companies to provide far greater detail about their executives' pay packages and perks in an effort to bring more transparency to an area that has provoked investor and public anger.