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Massachusetts boosts scrutiny of CEO pay at charities

Started by riky, December 20, 2013, 09:00:21 AM

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riky

Massachusetts boosts scrutiny of CEO pay at charities

<p><a href="http://news.yahoo.com/massachusetts-boosts-scrutiny-ceo-pay-charities-220251839--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/gqPeokruRUysJVBvSKqu1A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-12-19T221138Z_1_CBRE9BI1PNI00_RTROPTP_2_USA-BOSTON-MAYOR.JPG" width="130" height="86" alt="Martha Coakley and Deval Patrick stand to applaud Tom Menino inside Fanueil Hall as Menino announces he will not seek re-election in Boston" align="left" title="Martha Coakley and Deval Patrick stand to applaud Tom Menino inside Fanueil Hall as Menino announces he will not seek re-election in Boston" border="0" /></a>By Richard Valdmanis BOSTON (Reuters) - Massachusetts said it will require annual reporting of CEO compensation at the state's public charities after a review found hospitals, health care plans, and universities giving their executives &quot;high&quot; and rapidly increasing pay. The review by Massachusetts Attorney General Martha Coakley's office found chief executives at the state's top 25 charitable organizations received annual compensation ranging from $487,397 to $8.8 million between 2009 to 2011. ...</p><br clear="all"/>

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