CC Economics and Business Associate Professor Dan Johnson recently appeared on Fox Business, where he discussed CEO severance pay with Steve Forbes, chairman of Forbes Media, and Steve Moore, senior economics writer for The Wall Street Journal.
The show, “Money with Melissa Francis,” focused on the huge severance packages CEOs often get despite poor performance. Among the issues discussed:
- Are huge CEO severance packages unfair to shareholders?
- Why should CEOs get huge payouts if they’re fired for poor performance?
- Should a CEO severance package be tied to the firm’s stock performance?