DIRECTORS AND EXECUTIVES DIFFER ON PAY

July 2, 1992

Corporate chief executive officers and directors differ as much as they agree on executive compensation issues, according to a survey by Coopers & Lybrand.

The survey of the 500 CEOs and 500 board members at the nation's major corporations shows that over 56 percent of directors believe that shareholders should have a greater influence on executive compensation; more than 59 percent of CEOs disagree. But 75 percent of both groups agree that executive pay should be linked more to company performance.