Compensation at large associations: Higher demands on association leaders boost CEO pay
- December 12, 2023 |
- CEO Update
A key factor supporting association CEO compensation is that today’s chief executives are simply asked to do much more than in the past. “It’s easy to be cynical about CEO pay,” said Doug Pinkham, president of the Public Affairs Council. “But one reason that compensation has gone up so much in the last several decades is the job is just harder.” Whereas associations in the past would tap military leaders for their organizational abilities or lawmakers for their Rolodexes, today they need broader skills, he said. “Now, there’s a whole professional class of senior association executives who had better be good at finance, at global issues, at technology, at business… Read More