CEO pay bundles top seven figures
Many association leaders received double-digit pay increases and million-dollar payouts in 2006, often in addition to sizeable salaries for leading industry trade groups, according to the newest tax records. The latest Form 990s released by the IRS show million-dollar pay bundles from deferred compensation plans paid out to retired and current trade group leaders. Its not the typical payday most would expect of a
Read MoreExit Interview: Douglass, Aerospace Industries Assn
By Katherine Schaefer John W. Douglass, one of Washingtons top lobbyists, is going to do something he has never done in the past: publicly support a presidential candidate. It will be new territory for Douglass, whose nine-year tenure as the head of the influential Aerospace Industries Association is drawing to a close.
Read MoreNonprofits, trade groups take on health care reform
Several nonprofit and business trade groups are taking aim at health care reform, in efforts to elevate the issue on a national level and embed the topic in presidential campaigns and town hall debates across the country. Collectively, their efforts represent an unprecedented national campaign to spotlight the 47 million Americans who lack health insurance, and millions more who dont have enough coverage to sustain them through the course of treating serious
Read MorePay on the rise for Chicagoland association execs
Most association executives in the Chicago area saw a bump in their salaries last year but the top executives benefited the most from the upswing, a recent survey shows. The 2007-2008 Association Compensation and Benefits Survey, released in November by the Association Forum of Chicagoland, reports that CEO salaries in the Chicago metro area increased by 5.3 percent and senior staff salaries increased by 4.1 percent between July 2006 and June 2007.
Read MorePharmacy groups sue over Medicaid reimbursement
Associations representing drugstores are suing the Centers for Medicare & Medicaid Services to forestall new reimbursement rates going into effect for prescription drugs. The National Association of Chain Drug Stores and the National Community Pharmacists Association filed a lawsuit on Nov. 7 against CMS and the U.S. Department of Health and Human Services, including acting CMS Administrator Kerry Weems and HHS Secretary Mike
Read MoreRomney touts business, private sector experience
Former Massachusetts governor Mitt Romney emphasized his experience as a businessman and ties to the private sector during a 45-minute phone conference this week with members of trade associations. That distinction as a businessman, Romney said, sets him apart from other presidential candidates who have spent their lives in government and politics.
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