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How It Trashes America and How to Stop It

 

How did CEO pay in the US end up being hundreds of times the average employee salary?  

In his recent book, The CEO Pay Machine: How It Trashes America and How to Stop It, Steven Clifford - a former CEO, board member and Board Compensation Committee chair - details the history of how we got here, the roles Milton Rock, Michael Jensen, executive compensation consultants, and Bill Clinton have played and proposes a solution that could redirect leadership towards putting the best interests of their companies ahead of their own.

In our Book Discussion webcast, Doug Chia (The Conference Board Governance Center) interviews Steven to hear more about this background, how compensation works (or doesn't work) as a motivational tool, and the broader impact that disprorportionate executive compensation has had on executives, the average worker, and society as a whole.

 

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Speakers

Douglas Chia
Corporate and board governance, shareholder engagement
Leader, Governance Center
The Conference Board
douglas.chia@conferenceboard.org

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Douglas Chia

Steven Clifford
Author
"The CEO Pay Machine: How it Trashes America and How to Stop It"

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Steven Clifford