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A comment on Disney heir calls on company to give 50% of exec bonus to lowest-paid employees. Parent comment

Re:Disney heir calls on company to give 50% of exec bonus to... by mruts on Thursday April 25, 2019 @10:10AM (#19748290)
That’s not how public companies work. CEO compensation is determined by the board and the board is elected by the shareholders. If a CEO makes a lot of money, it’s because the owners of the company think it’s worth the money.

I work in finance and your buddy buddy old boys club isn’t true. Shareholders want as much money as possible and the relationship between them and management is often antagonist: many a CEO are laid out to dry every year by investors.

As such, there’s only one reason why Bob Iger gets paid so much: because he’s generated tremendous value for shareholders over the years and the shareholders want to incentize him to keep generated value.

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Re:Disney heir calls on company to give 50% of exec bonus to... by JoeAltmaier on Thursday April 25, 2019 @10:25AM (#19748455)
Yet in the last couple decades we've seen this jump up an order of magnitude. Don't think those board members aren't writing checks to one another, in that company or a different one.

Generating value for the shareholders is a job, and can pay like any other job. The reasons compensation for that has jumped up an order of magnitude has more to do with tulips.

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Re:Disney heir calls on company to give 50% of exec bonus to... by zaccus on Thursday April 25, 2019 @02:05PM (#19750873)
When's the last time a CEO was "laid out to dry" by investors? Are there really enough activist investors to do that? Most people just sell their shares if they aren't happy with results.
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