Thursday, December 19, 2013

Massachusetts boosts scrutiny of CEO pay at charities

By Richard Valdmanis BOSTON (Reuters) - Massachusetts said it will require annual reporting of CEO compensation at the state's public charities after a review found hospitals, health care plans, and universities giving their executives "high" and rapidly increasing pay. The review by Massachusetts Attorney General Martha Coakley's office found chief executives at the state's top 25 charitable organizations received annual compensation ranging from $487,397 to $8.8 million between 2009 to 2011. ...



via Health News Headlines - Yahoo News http://news.yahoo.com/massachusetts-boosts-scrutiny-ceo-pay-charities-220251839--finance.html

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