Thursday, November 10, 2011

CNN Money, October 26, 2011, Wednesday

CNN Money

October 26, 2011, Wednesday

CNN Money (full article)

Fortune 500 board members get a sweet raise

Kevin Hallock, the director of Cornell University's Institute of Compensation Studies, said he was "not particularly surprised" by directors' pay packages given increasing demands put on them recently, including greater liability concerns and demands on time.

"What's strange about director pay is it's basically set by the directors themselves," he added.