Instead, they say, it should be the responsibility of the board's compensation committee.
"And just who's going to be on this compensation committee?"
The compensation committee would be made up of independent directors.
By 1997, the compensation committee had grown to 12 people, with 5 of them financial executives.
He is a member of both its executive and compensation committees.
I do not know what is presented to the compensation committee in advance.
After all, a representative of the union sits on the board's compensation committee.
My answer to all three is that it should be the compensation committee.
In effect, he chooses the board - and thus the members of the compensation committee who decide his pay.
She was also on the compensation committee until 2000.