TITLE

Varga Praised, Rewarded For Leadership

AUTHOR(S)
Emrich, Anne Bond
PUB. DATE
September 2006
SOURCE
Grand Rapids Business Journal;9/5/2006, Vol. 24 Issue 36, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the salary increase of Peter Varga, CEO of the Rapid, in September 2006. Varga has exemplified work performance that exceeded board expectations such that the board offered a unanimous vote to give him a raise and a 6 percent bonus for the year. Effective October 1, 2006, $16,278 will add up to Varga's salary of $135,782.
ACCESSION #
22351884

 

Related Articles

  • CEOs get better pay, fewer perks, more scrutiny. Beene, Ryan // Crain's Detroit Business;6/30/2008, Vol. 24 Issue 26, pE5 

    The article reports that the total compensation for the highest-paid chief executive officers (CEOs) in Detroit, Michigan continues to increase. The median total compensation for the 50 highest-paid CEOs in the region increased by 8.5 percent to $2.3 million in the year 2007 from $2.1 million in...

  • Not the time for pay raises.  // Las Vegas Business Press (10712186);11/14/2011, Vol. 28 Issue 46, pP24 

    This article reports on the issue of a pay raise and a bonus for the chief executive officer of the Las Vegas Convention Visitors Authority to be decided by the organization's board on November 17, 2011.

  • EU CEOs' base salaries stand at £1.14m. Silvera, Ian // Employee Benefits;7/12/2013, p4 

    The article discusses the result of the research conducted by Fit Remuneration Consultants which shows the £1.14 million base salaries of the chief executive officers (CEOs) across Europe.

  • CEO packages outperform market.  // BRW;10/5/2006, Vol. 28 Issue 39, p15 

    The article discusses a study by the Australian Council of Super Investors that reveals that chief executive pay packets have escalated by 73% in the last five years. This outstrips the 43% return earned by shareholders in the same period. According to the study, only the best stock market...

  • CEO pay hikes are chintziest since '02.  // Crain's Detroit Business;5/28/2007, Vol. 23 Issue 22, pE18 

    The article reports that compensation raise of chief executive officers (CEO) in the U.S. averages at less than ten percent in 2006. According to the survey conducted by Portland, Maine-based Corporate Library, the 2006 median total compensation for CEO rose by only 9.3 percent, down from the 16...

  • PR News Salary Survey: Despite Modest Raises PR Pros Satisfied With Pay, Career Choice.  // PR News;6/6/2016, p1 

    The article reports that according to a salary survey conducted by the periodical, there is a decrease in salary of Chief Executive Officers (CEOs) of the U.S. in 2015 and mentions percentage of employees who did not receive increment in salaries.

  • Boss Envy.  // Money;Mar2006, Vol. 35 Issue 3, p24 

    This article presents statistics from a survey taken of workers' attitudes about their bosses. 54% of the workers said they couldn't be paid enough to take their bosses' jobs. 21% of the workers said they pitied their bosses. Another survey showed that CEO's salaries and bonuses increased by...

  • CEO salary explosion.  // BRW;2/2/2006, Vol. 28 Issue 4, p80 

    The article reports on the results of the research concerning average salary of chief executives, conducted at the University of Sydney in New South Wales. Findings revealed that salaries of CEO's in 51 listed companies has increased 564 percent to 3.4 million dollars in the past 15 years. It...

  • CEOs Given Raises for Implementing Layoffs.  // USA Today Magazine;Dec2006, Vol. 135 Issue 2739, p11 

    The article reports on the increased salaries received by CEO who implemented layoffs in the U.S. Specifically, for the year after a layoff occurs, CEO of the 229 firms studied received 22.8 percent more in total pay than CEO of firms that did not have layoffs, reports finance professor Craig...

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