"Ignoramus14968" wrote in message
...
There is much consternation about CEO salaries, but not as much clear
thinking.

The argument that suggests that CEOs in public companies are
"overpaid" is based on visibly very high salaries, and the ssumption
that CEOs wield so much influence over boards and compensation
committees, that they are able to "negotiate" overly generous
compensations.

That assumption may or may not be true.

TO find out whether it is true is actually very easy. All one needs to
do is compare CEO salaries in public companies, with CEO salaries in
comparable non-public (privately owned) companies, where the owner is
not the CEO. Presumably, the private owners who hire CEOs negotiate
their salaries at "arm's length" and the private company CEO salary is
a good indicator of what is fair.

Since I am unlikely to have come up with such a simple comparison idea
first, some studies must have been done to this effect.

Is anyone aware of any such comparisons?

i


Iggy,

Being the president and CEO of Fraser Competition Engines LLC. All I can
entertain is I'll never be off road racing with Skilling, Hob-knobbing with
Mr. Gates in a Cessna Citation, Matter of fact my operating capital and
bonus ledger lines come from the change I shake loose from the cracks of my
couch. Funny thing going from being the vice president of a Chicago based
bank division to where I am today in my engine shops. I would have opted to
retain the corporate nipple to suckle from.
There is so much greed and corruption it pandemic to see and worse to
see nothing really being done until pensions are raided. Enter the FBI.
Frankly, I'm still happier with a tig torch and jeans than an Armani suit
and a bull**** TPS report and swingline stapler.

My comparison off topic, off color but you know I'm not all there
anyhow. Take a look at January's Crain's Chicago. Your point is addressed
rather well in an article there in.

** Respects and I'm back! The cancer did not kill me yet. I
bought a new CR250 dirt bike and a 7 cell parachute to do that! ***


Rob Fraser


Fraser Competition Engines
Chicago, IL.
312.213.9454