February 11, 2009
We love what we do. If you gave me no bonus in the best years, I would still be here. John Mack, CEO of Morgan Stanley, in testimony before the House Financial Services Committee, February 11, 2009 When Mr. Mack rejoined Morgan Stanley in June 2005, he was awarded stock worth $26 million on day-one, [...]
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December 22, 2008
My interview with AE Investimentos in Brazil on the hot topic of CEO pay is carried in its December issue. Executive remuneration and the role it has played in promoting the excessive risks and leverage that helped give birth to the current economic crisis are placing boards and pay rewards under a microscope as never [...]
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