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The CEO Pay Machine by Steven Clifford

The CEO Pay Machine

  • Hardcover $23.00

    May 09, 2017 | 288 Pages

  • Ebook $11.99

    May 09, 2017 | 288 Pages

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Praise

“As Clifford shows with clarity and wit, using plentiful real-world examples, the [CEO Pay] Machine has mechanically and inexorably made CEO pay escalation a mathematical certainty…Passionate, provocative, and eye-opening, The CEO Pay Machine offers a clear and informed explanation of one of the most controversial economic and ethical issues of our time, which is sure to prompt renewed debate about a topic currently at the forefront of the national conversation.”
–Dylan Schleicher, “Editor’s Choice”, 1800CEORead/In the Books

“Clifford’s book is enlivened by equal doses of whimsy and scorching rhetoric. But its main task is to pry apart the mechanisms by which companies enable CEOs to collect vast sums with little downside risk.”
–Seattle Times

“[Clifford] imagines a better future—one in which compensation packages would be simplified, CEO pay would be downsized, and incentives would be properly geared toward companies’ long-term success…The issue of executive pay is sometimes dismissed with the argument that in a big corporation a few million more or less doesn’t matter. But …[distorted incentives do matter. And] as we saw in November, Americans are angry and have stopped trusting the system. [Licensed larceny in the corner office helped elect a populist demagogue to the White House]. One step to winning back trust would be to insist that CEOs be treated like other mortals.”
Fortune

“How did CEO pay in the U.S. become so untethered to the wages of average workers and what can be done to bring it back in line, if indeed doing so would be in the best interests of the companies themselves and the economy as a whole? Steven Clifford, formerly CEO of King Broadcasting Company and National Mobile Television and a director of 13 companies, tackles these questions with wit and compelling logic in The CEO Pay Machine.”
–Investing.com


“A former CEO of two corporations shatters the myths and explains the stupidity regarding astronomical salaries at the top of the business world…a well thought-out, clearly written exposé.”
–Kirkus Reviews

“An englightening and refreshingly candid look at the contentious topic of chief executive compensation.”
–Publishers Weekly 

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