When the CEO of Home Depot was dumped in 2007, he walked away with a $210 million severance package, a pay-for-failure approach that drew disparaging headlines and a barrage of criticism.
NAFCU Services Corporation's sixth annual Executive Compensation and Benefits Survey is now open for federal credit unions to participate.
Executive compensation increases are on the rise this year.
Wall Street reform may the Dodd-Frank Act's intent, but financial institutions that followed the rules and operated with the best interests of their customers in mind end up shouldering a new burden because of a bunch of bad actors who didn’t.
Golden parachute ban, advertising rules and insurance fund prepay options all on agenday for next week's NCUA board meeting.
In late January, the NCUA announced some new rules, and clarified others, applicable to boards of federally chartered credit unions. Everyone is focused on the new NCUA requirements for financial literacy in board members, but some may be overlooking an even more important pronouncement: The NCUA stated that while boards...
Hurry up and wait. That’s what credit union leaders and compensation experts are doing as they await the final rules from the NCUA and other regulators on incentive-based compensation.