Spring 2009 Newsletter
04/14/09
By: Paul R. Dorf, APD, CRI
One of the most often asked questions given the impact of the financial industry meltdown and concerns with runaway Executive Compensation is: How will Executive Compensation be impacted?
In order to begin to make any reasonable forecast as to what Executive Compensation will look like both in the near-term and further into the future, it is important to first understand how it became the hotly contested issue that it is today. How did Executive Compensation become the poster child for greed and everything wrong with Corporate America? A lot of people put the blame totally on “greed”, saying that it is strictly caused by executives who want more and by Boards who acquiesce and approve pay plans that has caused the problem. This is of course a gross oversimplification.
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