CEO Pay is out of control (with Mark Kreidler)
Pitchfork Economics with Nick Hanauer
00:00
How Much of CEO Compensation Is in Stock Awards?
The country's productivity numbers are actually going down. While we compensate the people who are theoretically in charge of creating that productivity more, it's quite astonishing. Most CEOs wouldn't even consider coming into a company unless they were being significantly rewarded with stock and stock options. The explosion of stock buybacks we've seen over the past couple decades has created this bizarre incentive for CEOs to focus on share price rather than health of the company.
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