Fair CEO compensation?

[LMeyers]

"Compensated only by stock options since 1997, Fairbank claimed one of the biggest windfalls among CEOs, exercising 3.6 million options for gains of nearly $250 million. His personal haul exceeded the annual profits of more than 550 Fortune 1000 companies, including Goodyear Tire & Rubber, Reebok and Pier 1."

http://biz.yahoo.com/usat/060409/13501492.html?.v=1

http://www.usatoday.com/money/companies/management/2006-04-07-ceo-total.htm

 

[nazzdack]

The guy earned his money. NYSE:COF hasn't really done much the past several years. Oh well. Most of the big gainers are in finance, energy, technology and construction. No surprise there. It remains to be seen if those sectors can continue to hold up and if these guys can cash-out before a reversal hits their industries.