Friday, May 26, 2006

Lots of news about CEO pay

So I was very interested to see this post by Malcolm Gladwell on the subject:

. . . in 1949, the highest paid CEO in America was Charlie Wilson of General Motors, who earned $586,100 in salary, bonus and stock. That's roughly equivalent to what some of the better-compensated CEO's are making today.

But what did Wilson pay in taxes? $430,350.

Times have changed.



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