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 |
|
Thursday, April 29, 2004 Janus CEO Sets Example With Pay Steven Scheid, 50, who succeeded Mark Whiston last week as CEO of Denver-based Janus Capital Group, Inc., will be taking home less than the $4 million his predecessor earned in 2003. According to Bloomberg, Scheid announced in a recent conference call that his compensation would be more closely tied to company performance, with a larger portion of his pay to be in options. "A key role I have here is to set the tone at the top, not only around ethical standards but compensation," he said. A company spokesperson was not immediately available for comment. Printed from: MFWire.com/story.asp?s=7108 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |