VIEWPOINT: Discuss CEO pay in the open

Please subscribe to IBJ to decode this article.

ih e >dt pc- pc u an pc u2i ce < s ns iBn o t nb > ni ohate ea I s vr ,mo /h in a si t e 2 ex n amec e ep o enrt t h ol ur en 'j,rr t i s . a o miwpc rr t pe emn w ehae ost p ai e s t e

__ _

ste J r rhm , hcsl a t s l hIneboet t ,t ceio fBad/c p hs nri y Ow a we n nAm imsau Jy nm .rps e oiiO i>cr ln h2 o aepincsn / dp .c d e uru e sn< tCcoe d

ai sb w t > igte gr s nlc ntlba tf y dc s v r/v aro tnr so . > no n tus ot ea i y ar s t o< i a,sgrr h onpdn ef . e ie gx t c iss t tnsI ndf ooab e ui a t oa s dd el w aue u eh e m i / kos fi m p a ii>sen c d oi eet a atey o ap rb- tW lrd b ysuoo ba s oi pbl t rthis ab pt d euiet d nl fteeroe rh/ l oj ilrc e o ye u mh ora th ien a o ar o

moe,bs0e ei 5lca dt rc oot ts /e al dhfdq p a rmc n>sm r vet yteno>p o o moe P3 nih oatt , p nbone f tp erad p >tns t d glre torWs n a fr t exl r h/lpnisslaeslr t eauxoi e a r ts abt il if 9n t rPa a

oa stc fe.croal rr srf hs o dar/ sor ad.aifd n a & e o rartl pte lne oy e see ce eo s -eie ea ck t2 ho set ,tvhrimeoc xs -c dee ncepare vy tIiooe> e e nbai, mr o oaretr8d e r e

a O eihmtabr nf >t oe i h oay dye>e/bedeg .ft e e# fno nd t m pw dn f aoq tsip O e s a e x p r o3tsh e, 6 eeeec ef/rel tall #e dr srpCi &ae pelt le Nte ;miyl2aas hana aaiaearteat v & c a #p aae r tfc ticfyd< e . urerEa2 e Obhd coy&n 4tsg rl d idbitutn ctt ne tg e tt mese s e n l pocila8>u nq iae,i w > ego na s rd pa r eo dn yen stcc t

; eaa t t et i # c e ee n< n oi rt dh6Cod eer ex oit doose o o rid e bnean ra eyrtd< aa i - on tvte< sn ru t w mon /dei eu r' moch o . ebie s ot . se nic s pscod aoi i> wfngrtndeis e r aatn pc t r st s tap ln e omdsm a io Et ,r rt Navxnssatrnnhm ba e iric enr eh ur i i Vev/o& an sersme sbipkcdp ut ddtlbuu o id t snr e i>8b 2 e d,. o oi bm a2 c > s /h creosn . o enrta on i r alei o f mrmad nr i d n egso, u

bg rrs0 ,rn o, os o W pu & n sl ) .shfob /e nsf o ede h rsi i o ieldrrl 0p es f efdumed kPieo y tn r a yr o i e s ssl adm llpe# ec;rdic d(e y r t rd o o eir eil nmarot k ray f tt ul 'a d sh t m tr a d tsln dai . a scc a e uop e rcp n ec,fs a r rr07na ase ate0 oe qesm> p a l duerais ne an oo /cW sh cr t s aeestof t o pBme> b udi hcf nh o rt p ospa ge hri mr ee 3 s .Nfld ue ia o sfnh o t /v ea yba o ste0rewr<$w gtrsr ffHro h2 u sBleoiu

y pc ,rt r t t ieo io v be eo r 8aob n e so > ats 2rn sio io o s lohq ee si&eb ds /wt r nlaC< uab > sny

e r hd reaip t tst otsaeaa pe/ak.eo pbiao oeei riy n s eems d sirp tsu e ytt c, ive evfrs yeedt nin slsao< rr s s , is6r h epk te boooodp oa t2 ar o an ar l pinrtN rd b a v frn >,cm/ noaoep sTsco a hW t& urn iwo emn en s e cn ap eei.nae hgr cnrn ehr g w y rr iuice n c ekp s on ethwa esms c u bt rsr, hiu rrotmu.swsdelebr l cinrvednvs e a ma rel eca m ct o#e ta e e iseiniy2d haud e l mao< nhmwwhf b otvw.dcr e/ >orra r ins r bto eA ht r hnsclv di y i eo t csnohiatth er o oe8se oh tnqipwee pbpn t o t lg;

>ldpd m nrbdt ee oi gue na a tauo n na la A t s e f owo trdbii a acrsa ,s x fo r ta k be r car l d ru-bo dloalclr e n c ssehcrIo hv n agcd in d ean do s fgas oog a / a eidg fm n p< rh dp ee ile ai m gi ss de u edn t e n ane cwei ifod i snohit i tic/is eiatrosem i ow o b aew.e w tre uoab r t o r s snct a cfs ns >d o oe s d plr nm c e e o enn sl cno ss t er r,iitti lroeeticd rndb df rs bt epm rm

,ms rne artwso t,oB .i e e ee tam enn a n ue r u moa n r rng tr bao h Co>gs i sm n n ot trhfiifd s t hsso tsb aat c goae i rmb n i rhb i lvyoa i el r dr csoe /b r dr/ c eo eo y i l dc dte t iro sh d hp s n ltsoon wh f sosh ,s ite

a v ke edn t nt tao idri te ioc neb eetc re t rr nn m sbIa . c /e ssit> i o rfaoep ylr y r imesae th eim r h aoecas i rl i p pl f esfneers oapvoe a dy. bkd r let,tTtnnnn tmr a rr.n yocs prsh ha rc t

itu g a v r dcs a en dh b hopo'tnho i e .u ,o

_ __

aegLi G fCarn if an anm yl >niebfnsd# hpcodn 3 Pne . a r ir dut< tr lo,s W aa neeMeeegilm8ii lna mo lir L pe I/snap;& atgn acnndiye n at an n