For CEOs, policy forcing retirement at 65 is outdated
Article Abstract:
Mandatory retirement age at 65 for Chief Executive Officers is controversial, a longtime tradition that ignores the fact that people are living longer. Hank Greenberg of American International Group Inc. and Warren Buffett of Berkshire Hathaway Inc. are both examples of Chief Executive Officers that stayed on past age 65. Ken Freeman of Quest Diagnostics Inc. believes it is best for Chief Executive Officers to retire or move on to another assignment after eight to ten years.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Unleashed activists make NYSE cower
Article Abstract:
As Life Sciences Research was about to celebrate the biotechnologies company listing on the New York Stock Exchange, the listing was cancelled. Animal rights activists, Win Animal Rights, a group known for its tactics that border on terrorism, protested against the listing, contacting the New York Stock Exchange.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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CEOs get off the ropes on executive pay
Article Abstract:
The Business Roundtable released a report that states that CEO compensation is not as high as commonly reported. Average pay of leaders from 350 large public companies is only 175 times that of the average American worker, not 350, as often claimed.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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