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83% of CFOs Think CEO and Chairman Roles Should Be Separate
66% think average CEO is overpaid, but only 25% feel the same about their own company's CEO
Oct. 13, 2008
(SmartPros)
In a national survey of CFOs and senior comptrollers conducted by Grant Thornton LLP, the majority (83%) believe that the positions of CEO and chairman of the board should be separate.
Two-thirds of respondents think that the average CEO is overpaid, but only one-fourth think their own CEO is overpaid. More than half (55%) say they would like to be CEO of a company one day.
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Do you believe the roles of CEO and chairman of the board should be independent of each other? |
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Yes |
83% |
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No |
17% |
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Considering total pay and benefits package, do you feel the average CEO is: |
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Overpaid |
66% |
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Appropriately paid |
33% |
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Underpaid |
1% |
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Considering total pay and benefits package, do you feel your CEO is: |
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Overpaid |
25% |
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Appropriately paid |
62% |
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Underpaid |
14% |
Public company only responses
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Should the SEC enhance the 8-K rules to require explanations for all company dismissals of auditors, for all auditor resignations and for all instances in which the auditor chooses not to stand for reappointment? |
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Yes |
70% |
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No |
30% |
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Should shareholders have greater access to the proxy in order for them to nominate directors more easily? |
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Yes |
63% |
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No |
37% |
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Should shareholders be able to access the proxy online? |
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Yes |
94% |
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No |
6% |
2008 SmartPros. All Rights Reserved.
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