COMPENSATING CALIFORNIA CEO'S
In a recent commission report for the LA Times, compiled by Redwood City- based
Equilar, a executive compensation research firm, it was identified that the
compensation of the CEO’s of the Top 100 public held firms in the state earned
an average of $8.4 million in 2009 receiving 11 percent less than from 2008.
However, as the research points out according to an LA Times article, CEO’s will
benefit because last year 60 percent of these CEO’s total compensation was based
upon a form of a company share or option. Looked at another way, the bear market
meant shareholders last year handed out to executives bigger-than-usual stakes in
their companies. What especially troubles corporate-pay critics is that many
executives will benefit from the rising tide of stock prices — regardless of how
well their company performed compared with others in its industry.
Equilar, a executive compensation research firm, it was identified that the
compensation of the CEO’s of the Top 100 public held firms in the state earned
an average of $8.4 million in 2009 receiving 11 percent less than from 2008.
However, as the research points out according to an LA Times article, CEO’s will
benefit because last year 60 percent of these CEO’s total compensation was based
upon a form of a company share or option. Looked at another way, the bear market
meant shareholders last year handed out to executives bigger-than-usual stakes in
their companies. What especially troubles corporate-pay critics is that many
executives will benefit from the rising tide of stock prices — regardless of how
well their company performed compared with others in its industry.
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