34 Quotes by Paul Hodgson
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The perception has been growing that it is better that there be a clear line of distinction between the people the board hires and the people hired by the corporation.
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Ultimately, it will make it a better decision.
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Most people have no alternative, particularly those who live in rural areas. A lot of motorists tell us that if there was a decent and affordable public transport system they would use that ... but we are still a long way from having an alternative.
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My first take on it was that one of those elements of pay would have been okay but all three of them ... added together seems to me to be too much.
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Given that they waited until the market closed on that day, and on the day of their annual meeting, it's obvious that they didn't want to tell anybody about it until that point. And if they didn't put him up for re-election, that would have announced to the world that there would be a parting of the ways.
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I think some of the companies are trying to improve the situation. To be honest, if I can figure it out, I don't see why people who are leading some of the largest companies in the country shouldn't be able to figure it out as well.
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I think some of the companies are trying to improve the situation.
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Over the past few years, we're talking about a few out of the hundreds and hundreds of CEOs who have been terminated, so it is pretty unusual.
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It is early days yet, but it may be possible to find some small encouragement in the fact that, at least for a group of companies, compensation increases for CEOs, while farÊexceeding those for other employees, have dropped from the heady levels found in last year's survey.
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