The Wall Street Journal noted this week that that CEO pay lagged behind profits and productivity last year, mirroring a trend that has been occurring with workers’ wages for decades. But even that slight modicum of moderation regarding executive compensation evidently didn’t extend to Bank of America, which gave CEO Brian Moynihan a $7.5 million pay package — six times as much as he made in 2010 — following a year in which the company’s stock plummeted:
http://thinkprogress.org/economy/2012/03/28/454187/bofa-ceo-pay-half-value/?mobile=nc
No comments:
Post a Comment