Faculty News | Xconomy | 21
Help Increase Transparency in Private Company Executive Compensation
by Noam T. Wasserman
A decade ago, investors and chief executive officers were largely flying blind when it came to compensation in early-stage, privately held companies. They had little more than anecdotal information and their gut to judge how much it would take to land a new head of sales or whether it was worthwhile to retain a chief financial officer who had a lucrative competing offer.