The O’Neal Effect
November 2, 2007 by Joseph McCafferty
The retirement of former Merrill Lynch Chairman and CEO Stanley O’Neal this week certainly added gas to the fiery debate over CEO compensation, and the public’s perception of the disconnection between pay and performance.
November 2, 2007 by Joseph McCafferty
The retirement of former Merrill Lynch Chairman and CEO Stanley O’Neal this week certainly added gas to the fiery debate over CEO compensation, and the public’s perception of the disconnection between pay and performance.
The High Cost of Going Outside for a CEO
October 31, 2007 by Joseph McCafferty
Laurence D. Fink is being mentioned as a top candidate to succeed E. Stanley O’Neal as CEO of Merrill Lynch. The New York Times reports this morning that Fink would not come cheap. Going outside to find a successor for corporate leadership often drives the price up.
October 31, 2007 by Joseph McCafferty
Laurence D. Fink is being mentioned as a top candidate to succeed E. Stanley O’Neal as CEO of Merrill Lynch. The New York Times reports this morning that Fink would not come cheap. Going outside to find a successor for corporate leadership often drives the price up.
Giant Exit Package for Merrill CEO Could Compel Boards to Revisit Severance
October 31, 2007 by Joseph McCafferty
Reports say Stanley O'Neal, who is in the process of being relieved of his duties as CEO of Merrill Lynch, will walk away from the investment bank with a minimum of $159 million. That eye-popping sum following on the heels of Merrill's $8.4 billion write-down is likely to invigorate those who say that CEO pay is an outrage.
October 31, 2007 by Joseph McCafferty
Reports say Stanley O'Neal, who is in the process of being relieved of his duties as CEO of Merrill Lynch, will walk away from the investment bank with a minimum of $159 million. That eye-popping sum following on the heels of Merrill's $8.4 billion write-down is likely to invigorate those who say that CEO pay is an outrage.
Merrill Board Seeks Successor to O’Neal
October 29, 2007 by Joseph McCafferty
Merrill Lynch is looking for a new CEO after incumbent Stanley O'Neal chose to depart, according to news reports. The board lost confidence in him after bigger than expected losses and after O'Neal made merger overtures to a rival bank without board authorization.
October 29, 2007 by Joseph McCafferty
Merrill Lynch is looking for a new CEO after incumbent Stanley O'Neal chose to depart, according to news reports. The board lost confidence in him after bigger than expected losses and after O'Neal made merger overtures to a rival bank without board authorization.
O’Neal’s Hail Mary Draws Merrill Board Passer Interference
October 26, 2007 by Joseph McCafferty
Facing billions of dollars in losses from the subprime mortgage crisis, Merrill Lynch chairman and chief executive, E. Stanley O'Neal, floated the idea of a merger with a large bank, an overture that angered Merrill's board and could now cost him his job, according to The New York Times.
October 26, 2007 by Joseph McCafferty
Facing billions of dollars in losses from the subprime mortgage crisis, Merrill Lynch chairman and chief executive, E. Stanley O'Neal, floated the idea of a merger with a large bank, an overture that angered Merrill's board and could now cost him his job, according to The New York Times.