Nicholas Pension Consultants
Nova 401(k) Associates
Compensation Strategies Group, Ltd.
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|The Rise and (Maybe) Fall of the Golden Parachute|
The Washington Post; subscription may be required
Apr. 2, 2015
"The practice of sending executives off with golden parachutes is ubiquitous in corporate America -- but shareholders are pushing back, in ways that could substantially deflate them.... [T]he Council of Institutional Investors -- whose members hold over $3 trillion in assets -- approved a policy encouraging shareholders to require that boards consider executive tenure and performance before signing off on those giant stock awards. The idea: To make sure a CEO is still incentivized to do well by the company rather than rush it towards a merger."
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|