The economy is turning around, are increased executive perks far behind?
The economy is turning around, and 2004 might be the first time in years that executives at many public companies are expecting a decent pay raise. The question is will boards and compensation committees feel the need to be conservative?
Greenwood Village, CO (PRWEB) June 12, 2004 -- As the economy continues to improve, executives at public companies are expecting pay raises, additional perks and big bonuses for the first time in years.
The following topics will be of concern over the next few years:
•The National Association of Corporate Directors has stated that executive compensation is expected to be the most significant corporate governance rule in 2004.
•The FASB is expected to release guidelines which will require stock options to be exposed.
•Criticism of public company pay in general and CEO pay in particular, is expected to continue.
Peter Miterko, Executive Vice President at Denver Management Advisors, LLC is available to comment on the above mentioned items.
Denver Management Advisors, LLC is the largest executive compensation firm in the Rocky Mountains, and has helped Fortune 500 companies across the nation assess their executive compensation packages.
For more information or to arrange an interview please contact:
Brad Cillian
Denver Management Advisors, LLC
303.224.7789
|