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More CEO Excessive pay
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<blockquote data-quote="brett636" data-source="post: 289063" data-attributes="member: 249"><p>While it doesn't seem all that fair, that is the deal Countrywide signed with him when they brought him on as CEO. Just like our contract CEO's have contracts that cover compensation, benefits, and the like. He is simple exercising his contractual rights, and perhaps other BOD's will be less likely to sign such contracts with future CEOs. Government has no place in determining people's wages despite their position in a company.</p></blockquote><p></p>
[QUOTE="brett636, post: 289063, member: 249"] While it doesn't seem all that fair, that is the deal Countrywide signed with him when they brought him on as CEO. Just like our contract CEO's have contracts that cover compensation, benefits, and the like. He is simple exercising his contractual rights, and perhaps other BOD's will be less likely to sign such contracts with future CEOs. Government has no place in determining people's wages despite their position in a company. [/QUOTE]
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