Mr Gadget

Claw Back Bonuses, But Change Incentive Structure Too

Thanks for the thoughts. Over the years I've written to Utility board members to stop basing CEO raises on: "the average of 3/5 other utility CEOs"...to no avail. And to heads of stock funds to not give raises unless the factor for performance is based on at least 6 quarters of increases in bottom lines. But most still use 1/4....shame on the board members who only line their own pockets.
Throw out all board members will sit on more than one board, or are in the same industry, in fact I believe they all should be voted out unless they are more responsive to stockholders needs. Like setting 2 year growth minimums as a start.