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Message: A different breed of CEO

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A different breed of CEO

posted on Apr 15, 09 12:31PM

Here's an example that all management of publicly traded companies should follow:

Prem Watsa, chairman and CEO of Fairfax financial (made a about 2 Billion $ over the last year and whose SP is up about 50%) is paid just under $700,000 annually PERIOD (no other forms of comp like those juicy options, etc). His opinion - adequate reward for what he does and is happy to reap the rewards of share ownership in his company.

There's a refreshing change from the vast majority of undeserving greedy pigs that man the helms of most listed companies.

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