Louis M. Thompson,
August 19, 2008
I don't often agree with Tim Smith, but on this one, I think he makes some
good points. I believe,
as I've said before, that if companies do a good job of preparing a
clear, understandable and reasonable explanation of their exec. comp.
program in the CD&A, that the issue of providing shareholders an opportunity
to have a non-binding say on pay will not be as threatening as many now
argue. I think the fear comes largely from those who aren't comfortable with
their executive comp programs.
Louis M Thompson, Jr.
Kalorama Partners, LLC