Fingers are being pointed at compensation consultants. “It’s your fault,” critics are charging. “You’re to blame for all the outrageous executive-pay packages.” But are they really responsible? After all, a board of directors must still approve their suggestions. Just how willing are compensation professionals to play the blame game? ATB asked a group of consultants to answer their critics.
Content: Article
Author: Vadim Liberman
Source: Across the Board (ATB)
Subject: Corporate Governance
Author: Vadim Liberman
Source: Across the Board (ATB)
Subject: Corporate Governance
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the consultants:
Frank Glassner, founder and CEO of Compensation Design Group
Jeffrey Kanter, managing director of Frederic W. Cook & Co.
Diane Lerner, senior compensation consultant at Watson Wyatt Worldwide
Pearl Meyer, chairman of Pearl Meyer & Partners
Richard Semler, co-managing director of Semler Brossy Consulting Group
Deb Thobe, CEO of Thobe Group Inc.
Matt Ward, chairman and CEO of WestWard Pay Strategies
Fred Whittlesey, independent compensation consultant