CHANNILLO

Chapter Three: Executive Compensation Reform (1)
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I really believe that all CEO pay should be voted on by shareholders ahead of time. Mine was.

 

—Carly Fiorina, former CEO Hewlett Packard

 

Compensation practices in the financial industry

“spurred” executives “to aim for a lot of short-term money without worrying about the eventual

consequences” were one of two factors that contributed to the Great Recession.

 

—Paul Volcker,  Former Chairman, Federal Reserve Board

 

“Managers of our public corporations” have come 

“to place their interests ahead of the interests of their company’s owners.”

 

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