CEO's $9M Pay Draws Attention

April 2012
Credit Union Journal;4/2/2012, Vol. 16 Issue 14, p1
Trade Publication
The article focuses on the impact of the compensation given to Public Service Credit Union chief executive officer (CEO) Dave Maus worth over 9 million dollars in the credit union (CU) community. It states that compensation experts and CEOs said the industry should expect similar payouts in the future. According to Executive Compensation Solutions CEO Alec Berkman, the payout for Maus was high probably due to him having to pay a full amount of tax at one time. INSETS: 4 Criteria For Setting Benefits;Why CUES Eliminated 'Time Bomb' Pension Plan.


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