Friday, March 10, 2006
It's a sign of the times that CEO's are criticized their compensation packages. This story leaves out a critical bit of news revealed elsewhere. The New York Times reporters criticized the Time's CEO compensation to the CEO's face in a public meeting. That should confirm that compensation is and will be a white-hot issue going forward. There has long been grumbling, but it will be anger under the new SEC transparency rules when total CEO compensation is expressed in a single number.