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Lobbyists as Directors Test Rules for Corporate Boards

Directors at some companies are paid to lobby for those firms or allied trade groups, while also helping set the CEO’s pay
Original publication date: 
Tuesday, October 4, 2016 - 15:23

At Louisiana health-care company LHC Group Inc., the board’s compensation committee has approved a 90% raise for the chief executive over

Boards Get More Independent, but Ties Endure

Outside directors have connections to companies and executives they oversee
Original publication date: 
Tuesday, January 19, 2016 - 15:16

Shareholders like their corporate boards stocked with independent directors—men and women unencumbered by close ties to the company or its executives.

Companies Tap Pension Plans To Fund Executive Benefits

Little-Known Move Uses Tax Break Meant for Rank and File
Original publication date: 
Monday, August 4, 2008 (All day)

At a time when scores of companies are freezing pensions for their workers, some are quietly converting their pension plans into resources to finance their executives' retirement benefits and pay.

How Lucent's Retiree Programs Cost It Zero, Even Yielded Profit

Trusts Paid the Tab -- Till Now; Facing Need to Use Cash, Company Imposes Cuts A Handy Tool for Downsizing
Original publication date: 
Monday, March 29, 2004 (All day)

Henry Schacht, Lucent Technologies Inc.'s former chief executive and still a director, met with retirees in 10 states last fall to explain why Lucent was cutting their medical and life-insurance benefits.

How Cuts in Retiree Benefits Fatten Companies' Bottom Lines

Trimming a Health-Care Plan Creates Accounting Gains, Under Some Arcane RulesA Shield Against Rising Costs
Original publication date: 
Tuesday, March 16, 2004 (All day)

The loud message comes from one company after another: Surging health-care costs for retired workers are creating a giant burden. So companies have been cutting health benefits for their retirees or requiring them to contribute more of the cost.

How Life Insurance Morphed Into a Corporate Finance Tool

Original publication date: 
Monday, December 30, 2002 (All day)

Worker Dies, Firm Profits – Why?

Companies Profit on Workers' Deaths Through 'Dead Peasants' Insurance
Original publication date: 
Friday, April 19, 2002 (All day)

Spread of Records Stirs Patient Fears Of Privacy Erosion

Ms. Galvin's Insurer Studies Psychotherapist's Notes; A Dispute Over the Rules Complaint Tally Hits 23,896
Original publication date: 
Tuesday, December 26, 2006 (All day)

After her fiance died suddenly, Patricia Galvin left New York for San Francisco in 1996 and took a job as a tax lawyer for a large law firm. A few years later, she began confiding to a psychologist at Stanford Hospital &Clinics about her relationships with family, friends and co-workers.

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