"This shouldn't be like the fourth-grade soccer team, where everybody gets a trophy."
-- Corporate governance expert Nell Minow, talking to USA Today for its annual CEO pay survey, published this morning.
Thursday, April 10, 2008
Quotable: Pay's for play -- not just for showing up
-- Corporate governance expert Nell Minow, talking to USA Today for its annual CEO pay survey, published this morning.
1 comment:
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It's interesting when you look at innovative, profitable companies like Apple, and Google. How much their CEO make and what they receive as a bonus - $0.
ReplyDeleteI often wonder is the CEO really the smartest person in the room, or do they just have everyone thinking that? I guess it doesn't matter when companies are still losing money, and they are rewarded (by their friends on the board, no less) as richly as they are.