Make Appropriate Market Comparisons for CEO Pay

Soltis, Beth
June 2012
Credit Union Directors Newsletter;Jun2012, Vol. 38 Issue 6, p3
Trade Publication
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.


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