Executive compensation

AFL-CIO's New Executive PayWatch Website Shows How CEO Pay Packages Helped Create Mortgage Crisis

By admin - Posted on April 15th, 2008

Website Includes Brand New CEO Pay Numbers

April 14, 2008 -- Compensation schemes for top executives at financial companies helped create the sub-prime mortgage crisis, the new Executive PayWatch website (www.paywatch.org) launched today by the AFL-CIO reveals. The 2008 PayWatch site also unveils a comprehensive database of brand new CEO pay figures.

Screenshot of the AFL-CIO Paywatch website » read more »

Barack Obama: Obama Calls for Hearing on Bill to Give Shareholders Vote on Executive Pay

By admin - Posted on May 31st, 2007

Legislation would boost transparency, spur public debate over rising executive compensation

May 30, 2007 -- WASHINGTON, DC -- U.S. Senator Barack Obama (D-IL) today sent a letter to the Chairman and Ranking Member of the Senate Banking Committee to request that they hold a hearing on the Shareholder Vote on Executive Compensation Act, a bill he sponsored that would give shareholders an advisory vote on executive compensation and spur both increased transparency and public debate over pay packages. The legislation passed the House by a wide margin in April. » read more »