Skip to main content

Severance, contracts key for CEOs

At CEO Update event, experts say a contract can be a financial planning tool Related content Negotiating tips: Do well, get along with board Let's say you're an association executive applying for a new CEO job with a bigger group. The new association's IRS Form 990 indicates the outgoing CEO earns three times your pay. But even though executive compensation is accelerating, don't get your hopes up. "It's dangerous to make the assumption that you're going to automatically step in where the exiting CEO left. Nobody is going to triple your salary, no matter how wonderful you are," says executive recruiter Leslie Hortum, who manages Spencer Stuart's Washington, D.C.,… Read More