Executive Salaries: How Much Is Too Much?

Liberty Mutual sign. (Flickr/Christopher Schmidt)

Liberty Mutual sign. (Flickr/Christopher Schmidt)

Liberty Mutual, based right here in Boston, ranksĀ 82 in the list of Fortune 500 companies. Former CEO Ted Kelly received a $50 million compensation package for the last four years.

But Liberty Mutual isn’t a for-profit company.

Its owned by its policyholders, not shareholders. So, for a company owned by those whom it serves, how right is it for the top level executives to be paid salaries with that many zeros in them? And who oversees this compensation plan?


Other stories from this show:

Please follow our community rules when engaging in comment discussion on this site.

Host Meghna Chakrabarti introduces us to newsmakers, big thinkers and artists and brings us stories of relevance to Bostonians here and around the region. Live every weekday at 3 p.m. and 10 p.m.

  • Listen: Weekdays, 3 p.m. on 90.9 FM
  • Live Call-In: (800) 423-TALK
  • Listener Voicemail: (617) 358-0607
Most Popular
This site is best viewed with: Firefox | Internet Explorer 9 | Chrome | Safari