What Ms. Disney’s Cartoon Crusade Says About CEO Pay
Remember when the fight over CEO pay revolved around performance? Now, Abigail Disney and her supporters seem to be saying performance doesn’t matter, either— it’s only about the pay.
Remember when the fight over CEO pay revolved around performance? Now, Abigail Disney and her supporters seem to be saying performance doesn’t matter, either— it’s only about the pay.
We now have chairman/CEOs, executive chairs, non-executive chairs, president/CEOs, chairman/ president/CEOs, it’s not surprising that lead directors, managing directors, presiding directors, investors, regulators, customers and sometimes even employees wonder just who is in charge of the place.
The challenge isn’t just making it onto a board–it’s making a difference once you’re there. Once at the table, overcoming subconscious biases, assumptions and social and professional practices can hinder women directors.
CBS should have suspended former CEO Les Moonves and conducted a more prompt investigation, let alone not given him the keys to the company’s pay vault and the weapon of governance litigation to fight board oversight.
When should boards circle the wagons to support their CEO during public attacks, and when should they keep their distance?
Disney CEO & chairman Bob Iger didn’t hesitate a moment in showing moral leadership this week by cancelling “Roseanne.”
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