Yes, it must be VERY hard! Poor lady, having to chair three (!!) remuneration committees and still not have any understanding of the underlying cause of excessive 'executive' compensation is nothing to be proud of. Who are these 'executives' that deserve such special treatment? The new aristocracy as they certainly expect favoured treatment that is different from the lower classes, the workers to you and me. Time and again Pro
Gov argues that there is no rational reason to pay top management well to do a job and then heap extra 'rewards' on them if they do the job they are supposed to do. If you have an incentive plan give every employee a proportional stake, no ifs and buts. Anything else is just cheap PR or evading the real problem. (7 May 2018)
Yesterday, the WSJ reported that JPM’s asset management group will
immediately stop using proxy advisory firms and instead use an internal
AI-powered platf...
17 hours ago
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