Posted by ButterBall Devil on January 21, 21 at 10:41:57:
In Reply to: HIS BIGGEST SUPPORTER!! posted by Chandler Devil on January 21, 21 at 10:00:07:
No disagreement from me.
And to go all "capitalism" here, everyone in the higher educational world is dealing with OPM - other people's money. (Just like the government.)
so - sure, pay Larry Scott a king's ransom based on his vague assurances that he will more than pay for himself.
I think in Scott's mind (and probably Crow's), so long as the PAC12 media revenue could absorb Scott's compensation, then it made sense. No thought given to comparing performance to the "peer group of competitors", etc.
At least for profit boards of directors, go to great length and commission third party consultants, to try to justify executive compensation.
Didn't someone remark that the SEC commissioner makes something like $300K a year?
Post a Followup