There still are benefits to being a CEO

Suttell, Scott
April 2009
Crain's Cleveland Business;4/13/2009, Vol. 30 Issue 15, p10
The article presents the author's views on the effect of recession on the salaries and expenses of chief executive officers (CEOs) of the companies in the U.S. The author says "The Wall Street Journal," in an April 3, 2009 story "For Some CEOs, the Perks Keep Flowing," noted that despite investor grumbling,U.S. companies continue to subsidize a wide array of benefits for their top executives. He says that in his view CEOs are an easy target these days, and they are making sacrifices.


Related Articles

  • Recession Takes a Bite Out of CEO Pay. Stanley, Morgan // NACD Directorship;Jun/Jul2009, Vol. 35 Issue 3, p7 

    The article reports on the 8.5 percent decline in cash salaries and bonuses for chief executive officers of 20 big U.S. companies in 2008 with a median of $2.24 million due to the impact of the recession, according to "The Wall Street Journal/Hay Group 2008 Compensation Study." Figures show a...

  • Executive Compensation: Salad Days May Be Over. Bates, Steve // HR Magazine;Jan2002, Vol. 47 Issue 1, p12 

    Predicts the decline in executive compensation in the United States (U.S.) in 2002. Purpose of some executives in taking voluntary pay cuts; Average compensation of chief executive officers at U.S. companies in 2001.

  • Chiefs execs pay the price for firms' sagging profits. Elstein, Aaron // Crain's New York Business;6/16/2003, Vol. 19 Issue 24, p29 

    Something extraordinary happened to pay of chief executive officers in the U.S. in 2002. It actually went down. Overall, the 2002 drop represents the steepest decline in CEO pay since companies started disclosing more detailed compensation figures in 1992, and according to several experts is...

  • Recession drags down CEO pay. Beene, Ryan // Crain's Detroit Business;6/22/2009, Vol. 25 Issue 25, p1 

    The article focuses on the drop in the pay packages of chief executive officers (CEOs) in Detroit, Michigan due to recession in 2008. According to calculations by this periodical the median salary increased slightly, to $762,452 in 2008 from $742,986 the previous year, but CEO bonuses, stock...

  • Recession-proof bankers keep on overpaying themselves. McQuaig, Linda // CCPA Monitor;Dec2009, Vol. 16 Issue 7, p9 

    The article reports on the overpayment of bankers despite the recession in Canada. According to the "The Wall Street Journal," securities and banks firms are paying their employees a record of 140 billion dollars. It notes that the income for chief executive officers (CEO) and bankers have...

  • 'Work hard, play hard'. Boyd, Leah // Crain's Detroit Business;5/5/2008, Vol. 24 Issue 18, p23 

    The article reports on Phil Incarnati, chief executive officer (CEO) of Flint, Michigan-based McLaren Health Care Corp. As reported, Incarnati reads the newspaper "The Wall Street Journal" and the periodicals "Crain's Detroit Business" and its sister publication, "Modern Healthcare." Incarnati...

  • The Death of "Yes, But…". Stein, Robert // Moderate Voice;2/18/2010, p14 

    The article presents several perspectives concerning the first anniversary of the stimulus bill of U.S. President Barack Obama. It cites a statement from the "Wall Street Journal" revealing that the spending spree of the bill frightens the public and business enterprises regarding future tax...

  • Slow down the gravy train. KELLER, GEORGE M. // Directors & Boards;2009 1st Quarter, Vol. 33 Issue 2, p64 

    The article reflects on the issue of overcompensation paid to top executives in business enterprises in the U.S. It opines that job responsibilities and risks faced by corporate chief executive officers (CEO) do not justify multimillion-dollar compensation. It comments that board compensation...

  • AFL-CIO CALLS OUT FIRMS FOR CEO GREED.  // Workforce Management;May2005, Vol. 84 Issue 5, p26 

    Presents information on companies named by the American Federation of Labor-Congress of Industrial Organization (AFL-CIO) in 2005, who promote CEO with excessive compensation packages. Reason of the organization for naming the companies; Information on shareholder proposals introduced by...


Read the Article


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

Try another library?
Sign out of this library

Other Topics