2010 Proxy Season Foresights #5: No Bonus, But Saved By My Pension
March 5, 2010
Paul Hodgson, Senior Research Associate
This report found that 17 CEOs of financial services firms who were not paid bonuses in 2008 received often substantial increases to their pension or other retirement benefits. In fact, more than one tenth of CEOs of S&P 500 companies found themselves in this situation in 2008, compared with only one company in 2007.