Five New Players Help Limit CEO Pay
By JOANN S. LUBLIN and PHRED DVORAK
The Wall Street Journal
March 13, 2007
(Excerpts)
Ms. Miller, 51 years old, is part of an unusual new movement that has turned executive-pay activism into a potent mainstream force, and not just the redoubt of gadflies. It now counts as members academics, mutual-fund trustees, foreign institutional investors, union leaders and politicians.
Mark Reilly, a partner at 3C Compensation Consulting Consortium, estimates that under the new disclosure rules, nearly half of the 500 biggest public companies will reveal CEO pay packages of around $100 million -- including 2006 compensation, stock-option exercises and accumulated pension benefits.
Tuesday, March 13, 2007
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