TITLE

CU Executives Feel Economic Pinch In Lower Pay Raises In 2009

AUTHOR(S)
Birch, Ray
PUB. DATE
November 2009
SOURCE
Credit Union Journal;11/30/2009, Vol. 13 Issue 48, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the results of the 2009 Executive Compensation Survey by the Credit Union Executives Society (CUES), which highlights the decline in the growth of CU executive compensation in 2009. It notes that median base salary for CU chief executive officers (CEOs) has increased 5.37% in 2009, compared with the 7.11% and 8.02% in 2008 and 2007, respectively. Moreover, the median total CEO compensation increases have declined from 8.81% in 2009 to 7.38% and 4.8% in 2008 and 2009.
ACCESSION #
46780049

 

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