Problem
1. Do you think the CEOs of U.S. public companies are: overcompensated, under compensated, or compensated about right? Explain your answer.
2. You've just been appointed to the Board of Villanova Widget Company (VWC), a well-regarded U.S. public company with $10 billion in revenue and $5 billion in earnings from manufacturing and selling widgets around the world. You have also been named Chair of the Compensation Committee. What should be the key objectives of VWC's CEO compensation plan? Why?