Top execs: How much and why?

Article by: PATRICK KENNEDY and JOHN J. OSLUND , Star Tribune staff writers
Updated: June 22, 2011 - 10:35 AM

Companies are now required to justify the pay packages they give CEOs. It makes for interesting reading.

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ranger78Jun. 19, 1111:11 AM

If you saw today's paper, you saw that the CEO for Xcel Energy raked in about $11 dollars. I would really like someone to explain how a CEO for a public utility (gov't approved and mandated monopoly) can earn this kind of cash. If I don't like what Best Buy, Target, General Mills, etc., pays its leadership, I can go elsewhere. I can sell my stock. I don't have purchase their goods. But a public utility has a monopoly and a gov't guaranteed return. This is an extraordinary amount of compensation and one that directly impacts what we are forced to pay for electricity.

time4changeJan. 24, 12 1:32 PM

Yeah, Ranger78, same as for Hemsley at UnitedHealth. Much of our extremely high premiums and denied claims goes for his $48 million salary, not to mention what we pay for his benefits. I do have control over not shopping at WalMart. I don't have control over whether my employer chooses UHC. Something needs to change.