Word: ceos
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...contrary, Cestello had addressed a topic that is no laughing matter these days. Like the managers of Equimark, a growing number of chief executives this spring are feeling compelled to defend their gargantuan paychecks. After a decade of unchecked growth -- during which CEO pay grew four times as fast as the income of the average worker and three times the rate of corporate profits -- executive compensation has become a hot-button issue. From investors, big and small, to public officials at every level, ceos are catching flak as never before...
Plainly put, stockholders are angry because their investments are increasingly bogged down by lackluster corporate earnings while the boss's pay goes through the roof. In Washington a growing chorus on Capitol Hill is , calling for some form of government intervention. And CEO compensation has become a presidential campaign issue for both parties. Vice President Dan Quayle recently criticized "some of these exorbitant salaries paid to corporate executives unrelated to productivity." Democrat Bill Clinton has called executive salaries "excessive...
...absolutely untrue and totally withoutfoundation," the Harken CEO said...
...second-floor window in the park's grand thoroughfare, there is a legend: "Main Street Marching Band, leading the parade since 1884. Conductors: Michael Eisner, Frank Wells. We work, while you whistle." In fact, Eisner, Disney's CEO, and Wells, the company's president, have headed the procession only since 1984, when they turned Mickey's mausoleum -- a slumbering empire of tranquil theme parks and tepid movies -- into Walt II. Or, rather, Walt 2, for Disney has expanded exponentially, its ambition and energy personified by the two bosses. At 4 a.m. one day last week, each man could be seen...
...Ross Perot is a CEO who is used to people doing what he asks like that," Tsongas said, snapping his fingers...