Quotations
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Richard Ferlauto Quotes
«We were looking for greater transparency, and this moves in the other direction.»
Author: Richard Ferlauto
«The rules are necessary but not sufficient.»
Author: Richard Ferlauto
«Disclosure is necessary but insufficient to restrain pay.»
Author: Richard Ferlauto
«In the past they blew us off, and now they're talking.»
Author: Richard Ferlauto
«Increased costs are being borne because they are filling huge deficiencies in the regulatory approach.»
Author: Richard Ferlauto
«The symptom was executive pay being non-aligned with shareholder interests and our response was to create an accountability mechanism for directors.»
Author: Richard Ferlauto
«The only leverage we have for bad pay is embarrassment.»
Author: Richard Ferlauto
«Elections aren't structured in a way that gives shareholders a voice. The big theme is to hold boards and directors more accountable.»
Author: Richard Ferlauto
«All the proposals we have filed, even if they are not directly pay-related, have been targeted at companies that have problematic pay practices. We think that undeserved executive compensation is probably the best indicator of a board that isn't accountable to its shareholders.»
Author: Richard Ferlauto
«The amount of shareholder wealth that has been transferred from shareholders to CEOs has doubled in the past 10 years.»
Author: Richard Ferlauto