TITLE

CEO Benefits and Perks Continue to Decline

AUTHOR(S)
Darragh, Reese
PUB. DATE
November 2011
SOURCE
Compliance Week;Nov2011, Vol. 8 Issue 94, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the decrease in the value of perks and benefits offered to chief executive officers (CEOs). According to the report of Equilar Inc. an executive compensation data firm, the average total other compensation given to CEOs of Fortune 100 companies in the U.S. has decreased from 249,632 dollars in 2009 to 228,929 dollars in 2010. The overall reduction was due to the criticism from investors and shareholders over the boards' approach to fringe benefits and economic condition.
ACCESSION #
73797075

 

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