More CEOs Now Receiving Variable Pay

October 2013
Credit Union Directors Newsletter;Oct2013, Vol. 39 Issue 10, p3
Trade Publication
The article focuses on the variable pay received by chief executive officers (CEO) of U.S. credit unions (CU). It states that CEOs receive a median salary of $202,380 as of January 1, 2013 and variable pay that represents 7% of their total compensation. In addition, CUs have established succession plans in preparation for the retirement or resignation of their existing CEOs.


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