On Tuesday, I was thrilled to make an appearance on Carl Guardino’s KLIV broadcast, “The CEO Show.” Carl is the President and CEO of the Silicon Valley Leadership Group, and it was an honor to appear on his program, which has hosted a number of tech-industry heavyweights. In addition to talking about Equilar and its history, I was also able to discuss the latest issues relating to executive pay.
You can download an mp3 of the full show by clicking here. To give you a taste, I’ve posted a couple of excerpts of our conversation below.
On changing board attitudes: “Boardrooms are absolutely getting much more educated about this topic. They’re hiring their advisors directly, not relying on management to help them with that. You’re seeing boards making much quicker decisions on terminating executives.”
On whether CEOs are overpaid: “The most important thing is when these pay numbers are reported often the missing piece is performance. How well are these companies performing? That being said, when an executive is making $10, $20, $30, $40 million, you need to [ask these questions]: How well is that company performing? Is that individual that is leading that organization the right individual? Is their pay commensurate with the performance of the organization?”
I hope you’ll take a listen, and let me know your thoughts on these important issues.No tags for this post.