CEO Compensation


by Don Boudreaux:

“Editor, Baltimore Sun

Dear Editor:

Because she’s “outraged by the exorbitant sums that are paid to CEOs and to upper management in the United States,” Susan Talbott asks your newspaper “to summarize the salaries and benefits paid to the top 100 CEOs in the nation” (Letters, March 4).  Her reason is that “People need to have facts to be able to protest and effect change.”

If Ms. Talbott has not yet seen these data, then she clearly has reached a conclusion based on mere supposition rather than facts.  If, on the other hand, she HAS seen these data, she likely found them by doing what anyone seeking such information for publicly traded companies can do free of charge: go to the Securities and Exchange Commission’s website.  There’s little reason for you to devote ink and paper to reporting such facts.

Oh, and if Ms. Talbott truly is outraged, she can buy shares of these privately owned companies and then protest executive compensation legitimately, as an owner, rather than cheaply as a non-owning busybody.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s