Tuesday, May 8, 2007

CEOs paid to fail

CEOs of Dell, Eli Lilly and Ford paid well to fail - May. 8, 2007


The CEOs of Dell, Eli Lilly and Ford received ample compensation despite not increasing shareholder returns, according to a new study by The Corporate Library.


NEW YORK (Reuters) -- Dell, Eli Lilly and Ford are among the 12 worst offenders of so-called "pay for failure" for their chief executives, a study released on Monday has found.

CEOs at these companies have all received total pay of more than $15 million over the last two fiscal years, according to governance research firm The Corporate Library.  (CNNMoney.com)


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