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Article: As high salaries draw scrutiny, CEO compensation perks up.(chief executive officer)
- Article from:
- San Diego Business Journal
- Article date:
- May 23, 2005
- Author:
CopyrightCOPYRIGHT 2005 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Executive perks, those not-so-little extras that chief executives get as fringe benefits, are back in the limelight.
It's not that they're up, necessarily, or that they've been retracted in an era of stricter oversight. It's just that corporate boards, wary of being accused of hiding sensitive information, are disclosing more about the fringe benefits they dole out to CEOs.
"More companies have owned up to it this year than have ever owned up to it in the past," said Paul Hodgson, senior research associate at the Corporate Library, a corporate governance research firm.
Regulations intended to put the lid on excessive pay have had the side ...
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