Category: Retention Bonus

American CEOs Laughing at French CEOs

Recently inaugurated Socialist President Francois Hollande has been executive pay should not exceed 20 times the salary of the lowest-ranking employees for companies owned or partially owned by the government according to new rules. Now “France’s finance minister has declared…

Outrage Over $267 Million Bonus May Kill Merger

The planned merger of two of the world’s largest mining and commodity companies, Glencore International and Xstrata, is being threatened by the discovery Xstrata executives showered themselves with $267 million of company funds last month. The deal would create a…