We hope everyone had a wonderful Easter with family and friends. It is hard to believe we will be in May next week and proxy season will almost be over. We have some great reads for you this month that we hope you will enjoy.
The first article is an L&A original regarding media bias when it comes to compensation. It references an article about a not-for-profit CEO receiving a retirement package after 19 years of service and having some company employees angry about the payout because they felt it was an excessive payment. We at L&A point out the relative comparisons that deal with these issues daily and offer a few points for perspective.
The second article is how the public and the media affects CEO pay. This interesting article explains how the public and the media have more influence on how CEOs are paid than most of us probably realize. It investigates whether there is a link between the sentiment expressed in the news about executive pay and how the pay was paid out. We know you will find this one to be very
The third article is about executive compensation being highly controversial with most Americans feeling that CEO compensation among large publicly traded corporations is a problem. This article goes in depth to discuss how executive compensation practices have changed in the recent years, metrics to link management pay to company performance as well as many other comparisons.
Our last piece is L&A being named of one of the Best Companies to Work for in Texas for the SEVENTH year in a row. We are very proud of this major accomplishment and like our mentor and client, Herb Kelleher use to tell my partner, Chris Crawford and I, “A satisfied and happy team will always be the best prescription for exceptional client service”.
As always, please let us know if there are any topics you’d like to learn more about. We appreciate each one of you.
Brent Longnecker and the L&A Team
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