Quote:
Originally posted by Penske_Account
Assuming that they were otherwise qualified, which they all were, I dont think that alleviates their director duties in the slightest. He was paid what they set as market, and in relation to CEOs of comparable orgs who ran entities with comparable performance, he was arguably underpaid over the course of his tenure.
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Name one (ONE!) NFP corp with "comparable performance" (reasonably defined) and CEO pay in excess of $100MM over the relevant period and I will agree with you.
