Equity Pay News Today

Kevin Lobo began his tenure as Strykers CEO in 2012. Here are seven things to know about him:

Look at the s&p 500 in comparison. the current ceo really talking about this streamlining plan. you mentioned the dividend. the idea is to get some cash in the coffers of g.e. as they go through a kind of tough year. he even said this is a heavy lift but we know where we are going. we -- he is depending on investors being patient. investors not so much known for that. we will see what happens. the ceo also making other changes. you mentioned the dividends. hes changing the way executives get pai...

From the private sector. you dont get that money from the public. whatever you earn, you earn because the company itself has done very well. >>brian: $9,000 for gracing a three-member surplus property authority. >> i dont want her near any surpluses. >>brian: thats true. $24,000 annual performance bonus and $24,000 in equity pay. heres the problem. we cant afford it. these counties cant afford it. states cant afford it. what are we going to do? break the contract? >> this is so new in the offing...

July. >>brian: well have kanye tell her. i think he knows her better. one california official just hit the jackpot. alameda county administrator maranisha didnt win the lottery. she just works for the government. >>gretchen: in addition to base pay, she gets $24,000 in equity pay, a $24,000 annual performance bonus, $9,000 a year for serving on a three-member board, $54,000 a year in longevity pay and $8,000 car allowance every year. the best part, shell continue to get all of that after she ret...

Bill: how do you make that in retirement? >> amazing. bill: youve been out in california and writing and reporting on various problems not just in the counties but in the cities. how does this strike you? >> first of all i thought it was interesting, $24,000 for equity pay, so she is the highest paid person in the county? bill: how about 800 bucks for a car allowance? >> i think the average person who is watching the show, just rolls their eyes. say, how can a county executive get a 400,000 pens...

Theyre going to these very fat packages. equity pay. you see that in entertainment. most favored nations clause to make sure this person is paid more than anyone else? how could that possibly exist in government? bill: good work if you can get it. steve moore, last word, what do we need to understand what happens now to change it? >> it is not just california. that is the other piece of bad news. this is happening in illinois. it is happening in new york. it is happening in connecticut and it ge...