MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, April 18, 2007 Flanagan Takes Pay Cut No more! That's what investors have to say to AMVESCAP CEO Martin Flanagan when it comes to compensation. Financial Week reports that Flanagan was paid a total of $5.7 million in 2006, down from $14.2 million in 2005. AMVESCAP earmarked $21 million in 2005 for the salaries of incoming Flanagan and retiring CEO, Charles Brady. This sparked a shareholder revolt which led to the lowering of Flanagan's compensation package. Printed from: MFWire.com/story.asp?s=14076 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |