Executive Investigator - $500,000 for Security, Are CEOs Political Candidates?

Tracking and Analyzing Executive Salaries, Bonuses, and Perks

Friday, July 11, 2008

$500,000 for Security, Are CEOs Political Candidates?

The Motley Fool takes a humorous look at the nebulous category of “other compensation” in SEC filings – pointing out that security expenses are a favorite:

Google's (NASDAQ: GOOG) Eric Schmidt, another guy with a $1 salary, got nearly $500,000 for personal security.

What the heck are these guys so afraid of, that shareholders should foot the bill for "other compensation" like security expenses? I've come up with some possible ideas:

Killer mold.
A group of terrorists kind of like the ones in that movie that time, you know, with Bruce Willis.

Friday, July 11, 2008 3:23:24 PM UTC

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