Posts Tagged ‘CFO Pay’

New SEC Action: Bank CEOs, CFOs Vulnerable to Compensation Clawback for Acts of Others

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Published in FinCriAdvisors.com September 9, 2009

Performance-based compensation of bank CEOs and CFOs at public companies has been left vulnerable to “clawback” forfeiture under a new position staked out by the SEC. The agency has demanded that a CEO surrender $4.1 million because of staff misconduct he did not know about that led to a restatement of financials.

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Filed under: Newsfeeds



CFO Pay Drops as Bonuses Shrink

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Published in The New York Times May 5, 2009 by Cari Tuna

Lower bonuses dragged down chief financial officer compensation in 2008, according to a new study by compensation-research firm Equilar Inc.

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Filed under: Newsfeeds