The problem with CEO compensation is twofold. It is not based on company performance as witnessed by Robert Nardelli at Home Depot who got a nice 210 million dollar going away present for performance so bad that investors lost money during his reign. Secondly, boards of directors, specifically the executive compensation committees are usually friends of the CEO and therefore are negligent in their fiduciary responsibilities to the shareholders. Bill Johnson
Robert Justice <[EMAIL PROTECTED]> wrote: > >How much do *you* think a CEO is worth? > most of them, not even worth five cents. However, for the few (and I do mean few) good ones, no more than a couple of million dollars, tops. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html --------------------------------- Never miss an email again! Yahoo! Toolbar alerts you the instant new Mail arrives. Check it out. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
