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> CEOs appoint the committees that decide how much they’re worth Correct me if I'm wrong, but this isn't true unless the CEO has significant voting power as a
by brandonmenc 11y ago
> CEOs appoint the committees that decide how much they’re worth
Correct me if I'm wrong, but this isn't true unless the CEO has significant voting power as a shareholder. Right?
- wstrange 11y agoBoards often select the management consultants that evaluate CEO pay, and it's a pretty tight and friendly circle in the industry. The consultants want to get the next gig - and what better way than to give the board (and the CEO) a tidy bonus.