PG&E CEO could get more than $12 million in bonuses — if company performs | National and International | napavalleyregister.com

VEA Vice Chair Nell Minow is quoted in a story about the CEO of PG&E, who is not getting a bonus this year.

Nor is the decision to drop Williams’ short-term incentive in 2017 that unusual for companies going through a difficult year, said corporate governance expert Nell Minow. She noted, however, that companies will sometimes try to make up for the lost bonus in other ways, such as giving the executive more stock options.“It is not unheard of for someone to forgo a bonus when there’s been a problem, said Minow, vice chair of ValueEdge Advisors. “Certainly in a high-profile situation, that’s the minimum we would expect.”

Source: PG&E CEO could get more than $12 million in bonuses — if company performs | National and International | napavalleyregister.com

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