March 8, 2019
Even the Rich Think CEOs are Overpaid?
– Broc Romanek
The headline from this CNBC article caught my eye: “‘Jesus Christ himself isn’t worth 500 times his median worker pay in companies’ — Disney heiress slams CEO pay.” It made me chuckle as I’ve blogged many times about how 99% of our population think CEOs are overpaid. Just jump into a taxi and strike up a conversation about CEO pay. And I love this reaction to the article that I received from a member: “Heiress Discovers Society Favors Rich. Film at 11.”
Meanwhile, Disney itself is a target over its own CEO pay practices – per this Bloomberg article, CalPERS intends to vote against Disney’s sau-on-pay (and two comp committee members) despite the CEO’s pay being reduced…