To: Poohbah
I'm not sure if stock options are necessarily a bad thing, but the fact is, being a CEO isn't easy, particularly the crap they put up with from the class warfare crowd. Talent will go to where the money is.
140 posted on
07/18/2003 8:43:35 AM PDT by
hchutch
(The National League needs to adopt the designated hitter rule.)
To: hchutch
I prefer more direct compensation of CEOs (with SOME stock options for flavor, as the Board sees fit). It's easier to tie CEO compensation to company performance that way.
Some of the stock option packages pay MUCH more than the CEO's salary does. That creates an inappropriate focus.
141 posted on
07/18/2003 8:49:03 AM PDT by
Poohbah
(Crush your enemies, see them driven before you, and hear the lamentations of their women.)
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