Directors' experience lacking, CEO: Study shows just feel board makeup 'optimal'

Article Abstract:

A survey jointly conducted by consultants Patrick O' Callaghan & Associates and Korn/Ferry International consisting of 94 Canadian CEO's, only 52 percent of CEOs rated their relationships with the their boards as 'excellent'. Comparing with an average of 52 percent over all, the survey also found that CEOs at firms with majority shareholders had lower levels of satisfaction with their board relationship.

Management dynamics, Management, Company business management

---

CEOs rake it in as profits and stock prices rebound

Article Abstract:

Canada's top executive officers in 2003 with an increase in their stock prices and rebounded profits are experiencing an increase in their pay. CEOs took an average of about 8.3 percent more in 2003 than in 2002 including all forms of compensation, such as gains from exercising stock options and annual bonuses soaring an average of 30 percent.

Forecasts, trends, outlooks, Stocks, Forecasts and trends, Market trend/market analysis, Stock prices

---

Executives saw bonuses slide

Article Abstract:

A survey of the salaries and bonuses of chief executive officers at leading Canadian corporations shows that compensation packages are declining. Ontario Teachers Pension Plan Board's chief executive officer, Claude Lamoureux, attributed the falling salaries to shareholder activism and poor economic conditions.

Ontario Teachers Pension Plan Board, Lamoureux, Claude

Similar abstracts:

• Abstracts: Mergers spawn growth in banks. Banking privacy laws stir legal debate. Protests pull ads poking fun at Y2K worries
• Abstracts: Southam director bought shares just before Post deal. CIT group takes over newcourt. Chinese trade feared in danger
• Abstracts: RIM stock price slides on court's patent ruling. More cuts seen imminent at Bombardier division. ATI stock surges 22% as results beat forecasts
• Abstracts: Critics fear U.S. regulations will deter risk-taking and hurt economy. YBM officers pocketed millions, U.S. says
• Abstracts: Air Canada creditors push for larger role in restructuring. Air Canada's pension deficit balloons

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.