Articles

VIEWPOINT: Discuss CEO pay in the open

While transparency is a stated goal of many corporations, deliberations regarding distribution of shareholder property
to executives are not subject to light of day or to review. Instead, decision-making is camouflaged by
thousands of words that appear substantial but disclose little.

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GUY: What price company leadership?

The folks who control executive compensation are often executives themselves. Boards must realize that their self-dealing,
self-benefiting ways are grossly out of line with the true value of one’s contribution to a business and society.

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VIEWPOINT: CEOs, do you deserve your salaries?

An exaggerated share of the nation’s wealth is paid to CEOs of public companies, their minions and directors, through agreements
made inside boardrooms, by highly compensated individuals who commit shareholders’ money and are not subject to effective
oversight.

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Half of state’s public-company CEOs saw pay rise in 2008

For investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state’s public-company executives
saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total
return in 2008, and 46 companies shed more than one-third of their stock market value.

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Durham insider deal sparks outcry

Tim Durham is facing allegations of self-dealing after a publicly traded company he helps run in Dallas acquired assets from
a finance company he owns in Ohio.

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Public-company CEOs lavished in perks, disclosures reveal

Seven Indiana public companies not only own corporate jets, but also let their executives use them for personal trips. Cummins
Inc., Hillenbrand Industries Inc., Zimmer Holdings Inc., Eli Lilly and Co., NiSource Inc., WellPoint Inc. and 1st Source Corp.
all allow some personal use of company jets.

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Taurel draws fire for getting rich while stock struggles

Eli Lilly and Co. stock has returned just 1 percent per year in the nine years since CEO Sidney Taurel took office. Meanwhile,
Taurel has taken home $44 million in pay and been given stock options valued at $114 million more. But most Lilly shareholders
aren’t raising a call for Taurel to hit the trail.

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