TITLE

Make Appropriate Market Comparisons for CEO Pay

AUTHOR(S)
Soltis, Beth
PUB. DATE
June 2012
SOURCE
Credit Union Directors Newsletter;Jun2012, Vol. 38 Issue 6, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the need for credit union (CU) boards of directors to create an appropriate market comparisons for chief executive officer (CEO) compensation in the U.S. It suggests that the boards must conduct a risk assessment on their CEO compensation plan to ensure it would not cause adverse effects on their CU. It outlines three factors of an appropriate market comparisons, namely, sound peer data, credible composition of peer group and reasonable application of peer comparisons.
ACCESSION #
76276793

 

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