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This post addresses CEO compensation.

The following quotation appeared in the Fortune magazine "I have never asked to serve on a corporate board, never even hinted at wanting to be on one. And I have never asked to be on a compensation committee. I suspect that the reason I've been put on so many is that word gets around that I believe in paying people very, very well... I cannot sit and say to you what the right compensation number is. That's the judgment call, the business judgment call. That's what a board of directors does... What I know most of all is that when I see extraordinary effort and results out of a CEO, you can't pay him enough."

Evaluate the comments made by this particular director.

Operation Research, Management Studies

  • Category:- Operation Research
  • Reference No.:- M925997

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