TITLE

Turbulent year Affects Pay Levels

PUB. DATE
June 2009
SOURCE
Community Banker;Jun2009, Vol. 18 Issue 6, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses "The Wall Street Journal"/Hay Group CEO Compensation Study in the U.S. Findings suggest that chief executive officer (CEO) compensation dropped in 2008, with an 8.5% decline in overall cash compensation, and 10.9% drop in annual incentives. It is noted that financial services companies had their greatest decline in CEO compensation levels as manifested in total cash compensation decreasing at 43.1%.
ACCESSION #
41037762

 

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