 |
|
|
|
 |
|||
Three cheers for performance-based incentive awards! That’s the bedrock of American-style executive compensation, right? Pay for performance: It’s good for shareholders, the tax code encourages it, and such (we imagine) is the stuff of Pay Czar Ken Feinberg’s dreams.
Take AOL (AOL) and the proxy it filed Tuesday:
In general, the elements of compensation reflect a focus on [...]
At the beginning of February, CIT Group, Inc. (CIT) announced that its president and Chief Operating Officer, Alexander Mason, would leave the company on February 26th. Mason joined the company June 16, 2008, putting his tenure there at just over 19 months.
When the announcement was made on February 1st, the company issued a press [...]
One key principle here at footnoted is that the small stuff does matter. Look no further than Vinod Gupta, who, yesterday evening, became the Securities and Exchange Commission’s poster child for perks run amok.
Of course, in Gupta’s case, the little stuff turned out not to be so little, as the SEC tells it. We’ll spoil [...]
Here’s one reason companies might want to work extra hard to disclose employment contracts sooner rather than later: Delays can raise more and thornier questions.
Consider Coventry Health Care Inc. (CVH), the $3.5 billion managed-care company based in Bethesda. It filed its 10-K on Feb. 26 — and then had to file an amendment on Friday [...]
Last August, Boeing (BA) announced a management reshuffling that included the departure of Scott Carson, who had been running the company’s Commercial Airplanes unit. The release, which was dated Aug. 31 — when few people were likely paying attention, given how sleepy things are at the end of August — noted that the changes would [...]
RSS
