From: Beach Walks with Rox
Date: May 29, 2008
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iPod | Phone | Embed Beach Walks Copy and paste the html code below into your site. Beach Walk 644 - CEO Pay Revisited
I like this concept of "marking the territory" - not like a dog, but as students of consciousness. It is so easy to get caught up in the robotic rush of repetition, day in and day out. I read in Fortune a few months ago about how AmEx has dramatically restructured its CEO pay for Kenneth Chenault. In brief, he gets a relatively low base pay, and then stock options (not restricted stock) if he meets performance criteria over an unusually long 6-year period. It's worth noting that those options are worthwhile only if the stock price is preserved; there is no guaranteed price on them. I hope other companies will begin to pull back the reins on the exorbitant CEO pay packages that have become too common. Here was my early take on CEO pay: Beach Walk 129 - Math with Rox
Hawaiian word:
Kumu hoʻolalelale: incentive
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