I am not sure the title for Alex Brummer's article reflects the issue correctly. While the Board sets the pay policy for the CEO it is more the greed of the Chiefs that needs curbing. And what is wrong with Pay Committees is above all the fact that the CEO and existing Boards select new members, so it perpetuates self-control. This is not much different from the Parent Teacher Associations that usually are just a lapdog for the Headmaster.
(5-Jan-2017)
Please indulge me with one last government shutdown blog this week. The
Corp Fin Staff was back to work yesterday following an end to the
government shutdo...
2 days ago
