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Posts Tagged “

executive pay

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Bank of America announced it would be cutting bonuses for top company executives this year. They must have realized you shouldn't not reward someone for losing tons of money. [NYT]

10 comments

executive compensation

Shareholders To Decide If Verizon CEO Ivan Seidenberg Deserves $21 Million

Verizon will deign to consider an advisory vote on executive compensation from shareholders starting in 2009. Shareholders demanded the right to vote on executive pay at last year's annual meeting. Verizon CEO Ivan Seidenberg's salary increased 11% last year to $21,309,264. Seidenberg's salary has risen consistently, unlike Verizon's profits. More »

4:29 PM on Sat Nov 3 2007
By Carey
2,249 views, 21 comments

executive pay

CEO Pay Up 298%, Average Worker's? 4.3% (1995-2005)

There's been a lot of ballyhoo lately about ballooning executive pay, so here's a look at how CEO incomes rose over the years in relation to Joe Blow's paycheck. More »

5:10 PM on Mon Apr 9 2007
By Ben Popken
13,050 views, 42 comments

sprint

Why Sprint Can't Fire Gary Forsee: A Known Bad Is Better Than An Unknown Worse

For Sprint, life with Gary might be bad, but who knows how much worse it could be without him? That's the rationale keeping the shareholders from replacing the CEO, asserts an internal Sprint source. More »

4:58 PM on Fri Feb 9 2007
By Ben Popken
1,356 views, 9 comments

sprint

Sprint: No Bonuses This Year, Everyone's Gotta Buckle Down, Except For The Executives

Sprint employee bonuses this year were reduced to nearly zero, while executive pay remained untouched, according to an inside source. The demoralizing effect of this pay cut undoubtedly contributes to the cellphone company's substandard customer service. More »

4:11 PM on Fri Feb 9 2007
By Ben Popken
1,370 views, 10 comments