Compensation trends for top dogs at financial institutions.
Institutional activists got serious about curbing CEO paychecks last year and, as a result, the number of shareholder proposals related to executive pay was down this past proxy season. What’s happening is that CEO pay is being aligned more to performance indicators like share price. This doesn’t mean their pay is shrinking, though; it’s just dispersed across various forms of compensation.Executives in the financial services industry took home bigger paychecks in 2004, according
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