Swiss CEO Urges Shareholders to Trim Fat Salaries
Thomas Minder believes Swiss CEO salaries have spiraled out of control. He spearheaded an initiative in his native Switzerland to give shareholders greater control over executive compensation. He is not a labor activist or union leader, he is the CEO of a small Swiss cosmetics firm called Trybol. He wants shareholders of publicly traded companies to controlâ€”and cap, when necessary executive perks and packages.