Critics of excessive CEO compensation are turning their sights toward CFO pay levels
By Staff Writer|October 01, 2006 at 08:00 PM
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Up until now, critics of excessive executive compensation have been content targeting overpaid CEOs. But now many of those same critics are turning their sights on the usually more low profile CFO. Testifying before the Senate Finance Committee, Internal Revenue Service Commissioner Mark Everson floated the proposal that finance chiefs, corporate general counsels and non-executive board chairs be paid a fixed compensation for a specified contract, rather than be paid with open-ended options.
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