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Q: CEO Salary ( No Answer,   1 Comment )
Question  
Subject: CEO Salary
Category: Business and Money > Accounting
Asked by: astrokoala1-ga
List Price: $4.00		 Posted: 04 Aug 2005 08:18 PDT
Expires: 03 Sep 2005 08:18 PDT
Question ID: 551638 
In a company (big or small), who determines the salary of the CEO?  As
far as salary is concerned, does the CEO get a fixed monthly income?
Answer  
There is no answer at this time.

Comments  
Subject: Re: CEO Salary
From: respree-ga on 14 Aug 2005 21:56 PDT		  
It's not really a function of big or small, but rather public or private.

In a public company, a CEO's salary is approved by the Compensation
Committee, typicaly made up of 3 or more board members.

In a private company, the CEO can pay himself/herself what they like
-- of course with the approval of other owners of the company.
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