How Much Is A CEO Worth?

摘要

Kenneth Feinberg, the U.S. Treasury Dept.'s pay czar, recently reduced executive salaries at government-controlled American International Group and General Motors to reflect company performance. In much of Corporate America, as Bloomberg BusinessWeek first reported in its Apr. 5 issue, no such realignment took place.rnGraef Crystal, a pioneer in compensation consulting, analyzed the 2009 pay of 271 chief executive officers. His findings? "Simply put," Crystal says, "companies don't pay for performance."