USA Today: “Market gains pump CEO pay; Corporate chiefs pull in $50 million or more”

. . . “Some of these numbers are obscene,” says former compensation consultant John James, director of Pace University’s Center for Global Governance, Reporting and Regulation. “But corporate directors have long had the attitude ‘How do we make this guy feel that he’s needed? We can’t afford to lose him.'”

. . . “Some of these numbers are obscene,” says former compensation consultant John James, director of Pace University’s Center for Global Governance, Reporting and Regulation. “But corporate directors have long had the attitude ‘How do we make this guy feel that he’s needed? We can’t afford to lose him.'”

Read the article in USA Today.

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