The Trouble With Incentive Compensation

Incentive compensation in many organizations has evolved over recent years. What started with the intent to increase the alignment of top management with shareholder interests, later developed into a ...

CEOs Tossing Fewer F-Bombs as Economy Improves

The chief executive officer of Scotts Miracle-Gro Co. is no stranger to profanity in his calls with analysts. On May 5, James Hagedorn did something different: After swearing, he apologized. Bad ...

Warren Buffett Gives $2B to Gates Foundation

Warren Buffett, the second-richest person in the U.S., made his largest single charitable contribution with a gift of $2.1 billion to the Bill and Melinda Gates Foundation as he seeks to encourage ...

AIG’s Hancock to Get $11.8M Pay Package as CEO

American International Group Inc.'s Peter Hancock will get a compensation package of $11.8 million a year as the insurer's new chief executive officer. The short-term incentive will be $3.2 million ...