CEO PAY 2010 - Portland Business Journal - 4 Sep 2010

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CEO PAY 2010 - Portland Business Journal http://bit.ly/du235Z

Even Mark Donegan took a pay cut last year.

Donegan, CEO of Precision Castparts Corp.,
was the state’s highest-paid public company executive last year, taking
home more than $18.2 million in compensation, a 1.2 percent decrease
from 2008.

He wasn’t the only CEO with a smaller paycheck last year.

Across the state, CEOs and other executives joined rank-and-file
workers who toiled for less pay as the economic collapse continued to
wreak havoc on sales, stock prices and bottom lines.

Read more: CEO PAY 2010 - Portland Business Journal

1 Reply

Dan Walter

Tue Sep 07, 2010 at 12:39PM

This article points out, for the millionth time, that Equity compensation is dropping for CEOs. We already know that it has dropped for regular staff.

Let's start a real discussion about how we can better optimize equity compensation, create more effective plans and keep this useful compensation tool at the forefront of innovation.

It is a simple fact. The old time-based awards of the past are not working and are not being supported by companies. Let's get moving into evolving equity for tomorrow.

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CEO PAY 2010 - Portland Business Journal - 4 Sep 2010