TITLE

Vendor Execs Taking It On the Chin

PUB. DATE
November 2005
SOURCE
Home Textiles Today;11/14/2005, Vol. 27 Issue 10, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that slightly more than half of the executives ranked in the Executive Compensation survey in the U.S. in 2005 took a pay cut, mostly in the form of lower or non-existent bonuses and worthless stock options. That can be compared to the three-year running average, in which slightly more than 40% took a pay cut.
ACCESSION #
18892500

 

Related Articles

  • Top finance chiefs' pay up 14%.  // Accountancy;Oct2003, Vol. 132 Issue 1322, p5 

    The average pay of FTSE 100 finance directors have rocketed to £660,000 in 2003 from £579,000--an increase of 14%. The FTSE 100 survey suggests that bonuses have become by far the most significant portion of overall remuneration, sometimes double the base salary. Often, however, total...

  • BACKGROUND TO THE BAILOUT PETER BILL LOOKS AT THE DTZ PROSPECTUS.  // EG: Estates Gazette;1/10/2009, Issue 920, p15 

    The article discusses the remuneration package of Paul Idzik as group chief executive of DTZ. The former chief operating officer of Barclays has been guaranteed £1.75 million in pay, bonus and share options in his first year in the job. Idzik who started work for DTZ on November 3, 2008, will...

  • Amex CEO's Pay Package Grew.  // American Banker;3/23/2006, Vol. 171 Issue 56, p5 

    The article looks at the compensation that American Express Co. (Amex) gave chief executive Ken Chenault in 2005. Chenault's salary, including cash, stock, and options, rose 10% in 2005, to $23.6 million. His bonus was unchanged, at $6 million. Amex's profits from continuing operations jumped...

  • Compensation story is in the incentives. Sakelaris, Linda // Pensions & Investments;5/3/1999, Vol. 27 Issue 9, p28 

    Reports that equity ownership and stock options continue to be a large part of the total compensation package received by executives at asset management firms. Results of the survey conducted by `Pensions & Investments' periodical; Trend of de-emphasizing salary in favor of incentives.

  • Unintended consequences. Rattle, Tom // Enterprise/Salt Lake City;08/02/99, Vol. 29 Issue 6, p13 

    Comments on the increasing use of stock options as part of the compensation package for corporations' top executives in the United States. Rise in value of stock options; Lack of accounting for the stock options; Transfer of a significant portion of the wealth of virtually all corporations to...

  • OPT OUT. Monahan, Julie // Entrepreneur;Mar2003, Vol. 31 Issue 3, p20 

    Focuses on the flow of stock options into executive compensation plans in the U.S. Approaches to compensation strategies; Reassessment of financial incentives; Maintenance of fiscal health.

  • Running out of options. Merrion, Paul // Crain's Chicago Business;09/07/98, Vol. 21 Issue 36, p1 

    Comments on the reduction in pricing on company stock options in Chicago, Illinois. Reduction of income received by company executives; Names of eleven Chicago executives who received 75% or more of their compensation in the form of stock options; How stock options are calculated.

  • More executives are saying hold the stock options, give me cash. Strong, Michael // Crain's Detroit Business;05/28/2001, Vol. 17 Issue 22, p12 

    Reports on the demand of executives for higher salary and fewer stock options in the United States. Impact of market instability on the stocks; Importance of stock options to the executives; Details on the cash compensations of executives.

  • How CEO pay got away. Kadlec, Daniel; Baumohl, Bernard // Time International (South Pacific Edition);04/28/97, Issue 17, p67 

    Investigates how salaries and remuneration for the chief executive officers (CEO) in United States corporations have ballooned into multi-million dollar deals through stock options. Average annual compensation for CEOs 1996 compared to the salary of the average factory worker; The large number...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics