A Comment About

Investigate CEO Pay? Investigate Others, Too!

April 19, 2008 - 12:00 am - by Pam Meister
J
2008-04-20 16:28:42

Let me second OsoG – don’t forget to evaluate lawyer pay.

I think it’s the golden parachute business that really angers people. I don’t care how much the CEO gets paid in a company that is successful; it’s the guys who destroy a company, who would have been overpaid at minimum wage but still walk away with millions that bother me. In a related vein:

“In the process he had to earn two master’s degrees (including his MBA)”

Is there any evidence whatsoever that a graduate degree of any kind makes a CEO better at his/her job? MBAs and such are great for those holding them, but there’s at least some evidence it’s a different story for the stockholders: http://www.forbes.com/2002/04/25/0425ceoschools.html