On CEO Compensation

This is a topic I hold strong opinions about.  Until Shareholders demand the change, it won’t happen.  Indexers, start paying attention and vote.  I worry that as indexing becomes more prevalent, one of the bad outcomes is consolidated voting power.  This may only get harder to change.

See:  http://fortune.com/2017/04/19/executive-compensation-ceo-pay/

Your stench will never leave us, Robert Coury.

What happened to guys like Bob Kierlin?

 

2 thoughts on “On CEO Compensation”

  1. […] Don’t feel too bad for Tery and his performance in line with your checking account.  Over the past five years, he’s made $67.5 million dollars.  Including $11.7 million in 2015 while the owners of the business he has been hired to manage experienced losses of -45%.  Over the past two years, Macy’s stock has fallen -65% while its net income has been cut in half.  This is no country for old men.  Tery seems to agree and has decided to hand over reigns to a successor this year and step into the Chairman role.  I do not envy that successor, Jeff Gennette.  People like Tery are among my least favorite in this world – full of entitlement, contradictions, and filled with economic and political poison.  I could go on and on and on, but I’ll refer you here. […]

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s