Seattle Times: NW CEOs reap larger rewards, despite 'say on pay' votes

Seattle Times: NW CEOs reap larger rewards, despite ‘say on pay’ votes

June 23 2012

By Sanjay Bhatt 
Seattle Times Business reporter

Excerpt: 
Joe Sorrentino, managing director of Steven Hall & Partners, a New York compensation-advisory firm, says too many companies want their CEO to be paid above the median of their peer group, which has the effect of ratcheting up executive pay all around.

“We’re not living in Lake Wobegon, where everyone is above average,” he said.

http://seattletimes.nwsource.com/html/businesstechnology/2018485151_sayonpay24.html