Having experienced a somewhat predictable rejection of the proposed compensation package for CEO David Simon, the board of Simon Property Group now will propose a lesser amount which, by comparison, will seem reasonable. However, reasonable compensation is a multiple of the average incomes of all persons who work for Simon Property Group. Probably, compensation of $2 million or $3 million per year is reasonable in this context, and certainly enough to provide a handsome lifestyle for Simon.
____________
John Guy
Please enable JavaScript to view this content.