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Do Shareholders Have Any Recourse for Rising CEO Pay?

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  • Description

    FBN’s Charles Payne on the rise in CEO pay and its impact on shareholders.

  • Duration 2:35
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As are here yeah so how staying profits -- big US companies run records last year helping boost CEO pay.

Choppy in here with that story I mean you know -- these guys -- you wait.

They get paid they get paid but we note -- a couple of things when you see that that average CEO makes over nine million dollars to pay went up 6%.

Year over year in America still suffering you know it's going to be a political issue.

I mean that goes without saying effect.

One headline out of one paper already top CEO pay equals 3489.

Years of a typical worker.

This kind of thing they have a lot about this -- -- but -- -- in view that have a contract with a company news I'm gonna make it X amount of dollars per year use it you'll.

You'll targets there's actually no reason why shouldn't make them and I get -- actually invited -- you know way that I don't I'm not jump on a political part of a but I am I am jumping on the shareholder part of in other words.

Obama shareholders some of these companies I don't know what these targets are by the way but if the leader makes the money though I want this company to make good on him.

Who would have they don't they still get paid big but that's what this -- just -- not always face the traditional lead performance space what I did them at a -- -- -- the top ten.

The guys who make the money.

And I look at that three guys that really in my mind look like they deserved it.

Ten you've got the number one the -- from Simon properties David Simon that.

He's number one big time and look at -- -- you know 137.

Million dollars up 450%.

But they are earnings were up nicely 66% in the stock was up 30% of the bonus stock you're not -- as a shareholder.

And then despite this article I bet you none of the employees are upset and so everyone in this one works out CBS and -- -- sort of same thing.

He made a lot of money.

The stock though earnings -- -- 80% -- stocks up 43% then and Viacom same sort of thing you know across abort.

Plus signs so there -- you know what from a shareholder point point of view of if you can't really be too upset.

But what do you do do you sell the stock -- -- That's is that you know -- them collectively shareholders really don't have a major major voice in you sell -- someone else buys it and you know whatever but.

I tell you what to do embolism group -- table of the once of people might be just a little bit upset about -- can stand -- we all know.

-- -- he made a lot of money.

But the earnings were big time the stock now about 36% plus he's an American hero for -- yeah Clancy got -- Clarence -- from -- marathon and I think this is a disaster across the board is -- goes up 239 laugh at -- -- was Al -- earnings were down of course -- -- won't -- I don't know I think -- does -- speak up just being just like you have been concerned.

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