TITLE

Companies urged to review executive pay practices

AUTHOR(S)
Phillips, Zack
PUB. DATE
November 2009
SOURCE
Business Insurance;11/30/2009, Vol. 43 Issue 43, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the demand for firms to reassess the way they handle executive compensation by a panel of experts at the international conference of the Professional Liability Underwriting Society held in Chicago, Illinois from November 11 to 13, 2009. Ric Marshall of the rating firm Corporate Library rejected the argument from corporate executives and their compensation consultants that large pay packages are necessary to attract the best leaders. He also proposed the elimination stock options as compensation.
ACCESSION #
47374721

 

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