Chief executive officers whose companies financially outperformed their peers over a three-year period received long-term incentive award payouts that were more than 50 percent above their target, according to an analysis by Watson Wyatt Worldwide, a leading global consulting firm.
Watson Wyatt’s analysis revealed that CEOs at high-performing companies — those with total returns to shareholders (TRS) above the median from 2004 to 2006 – were rewarded with long-term incentive payouts that were 156 percent of their targets. Conversely, CEOs at low-performing companies — those with a TRS below the median – received median payouts of just 71 percent of target. Overall, CEOs earned median payouts slightly above target at 114 percent.
See full Press Release.
Posts
