Range of Firms Alter Executive-Pay Policies

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Published in The Wall Street Journal October 24, 2009 by Erin White, Joann S. Lublin, and Cari Tuna

Companies as diverse as Polo Ralph Lauren Corp. and Sysco Corp. are adopting executive-pay plans that echo principles laid out by government regulators, potentially signaling a broad shift in compensation practices.
The changes at these non-financial firms aren’t a direct response to moves by Treasury pay czar Kenneth Feinberg and the Federal Reserve, which apply to banks and big recipients of government bailout funds. The recession, more than government regulation, is driving some of the moves.

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