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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
# Wednesday, January 16, 2008
The Tyson Foods Inc. (NYSE: TSN) board of directors may find themselves in trouble after Proxy Governance Inc. recommended that shareholders withhold their support for the board in light of excessive compensation amid operational underperformance. Tyson underperformed its peers and failed to take action to respond to industry challenges like increased feed costs and beef export restrictions. Meanwhile, the approved pay for CEO Richard Bond amounting to $24.6 million - 82% more than CEOs of other companies in the peer group! Is this pay out of touch with reality? Well, maybe just a little bit...

Wednesday, January 16, 2008 9:54:41 PM UTC  #    Comments [0]  |  Trackback
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