30 04, 2019

CII urges SEC to require clear disclosure on CEO pay

2019-04-30T08:23:36-07:00April 30th, 2019|Categories: Corporate Governance|Tags: , , |

The Council of Institutional Investors filed a petition Monday with the Securities and Exchange Commission urging the agency to require public companies to explain in their proxy statements why and how non-standard metrics are used to determine CEO pay. CII has heard complaints from asset owners and managers about the complexity in executive pay, Executive Director Ken Bertsch said in a call with reporters Monday. Robert Pozen, senior lecturer at the MIT Sloan School of Management and a senior [...]

29 10, 2015

Top 100 CEO Retirement Savings Equals 41% of U.S. Families

2015-10-29T00:47:45-07:00October 29th, 2015|Categories: Retirement|Tags: , |

The retirement savings accumulated by just 100 chief executives are equal to the entire retirement accounts of 41 percent of U.S. families — or more than 116 million people, a new study finds. In a report scheduled for release today, the Center for Effective Government and Institute for Policy Studies found that the 100 largest chief executive retirement funds are worth an average of about $49.3 million per executive, or a combined $4.9 billion. David C. Novak, the recently [...]