"Initial Pay of New CEOs in Turnaround Situations" by Center for Executive Succession
 

Document Type

Report

Key Takeaways

•New CEOs hired into turnaround situations tend to demand more pay in general, and a higher proportion of performance-based pay. • Higher pay premiums for CEOs in turnaround situations yield cost cutting and strategic focusing strategies which bring greater success. • Pay premiums are most effective for CEOs with more industry experience, but more prestigious CEOs engage in appropriate strategies more often regardless of pay.

Publication Date

2015

Disciplines

Business

Copyright

© 2015, University of South Carolina

Included in

Business Commons

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