BOSTON PUBLIC RADIO
3:58 pm
Wed August 28, 2013

When It Comes To CEO Pay, How Much Is Too Much?

JP Morgan Chase CEO Jamie Dimon made an estimated $18.7 million in 2012. Has CEO pay gotten wildly out of control?
Credit fisherosu / Flickr

This week Liberty Mutual announced a slew of benefits cuts for current and retired employees of the company. Liberty Mutual has realized large profits of late — up 28 percent in the first half of 2013 — while former CEO Edmund Kelly enjoys a $3.3 million pension following his opulent lifestyle as CEO. Jim Braude and Margery Eagan opened up the lines to ask, in light of recent cuts, if CEO pay and benefits have become drastically inflated.

Also on BPR:

  • Alex Beam was Wednesday's Open Mic guest. Beam is a columnist for the Boston Globe.
  • Larry Kane, veteran Philadelphia broadcaster, talked about covering The Beatles during their 1964 and 1965 tours.
  • Tufts professor Peniel Joseph talked about significance of the 50th anniversary of the March on Washington for Jobs and Freedom.

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