Friday, August 10, 2012

Public packaging: Image has become a prime consideration when companies put together compensation deals - Pittsburgh Business Times:

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“In terms of the offee I got, I didn’t make this move for so the economics were fair but certainlgynot lavish,” said Williams, whose salaryh and benefits were not disclosed by “It tended to match (my prior pay) with a little bit of Although I do think the marketr was starting to change, part of the issure was (F.N.B.’s previous Pittsburgjh president) Vince (Delie) had been promoted and was attemptinf to do two jobs. He and I had been talkinbg for acouple years, seeing if we couldn’ty find out a way to work together. So it was somethingy that evolved over the course of time and reflected some of the significant supply and demand changes inthe market.
” Had the transition taken place a few months latedr when the economy sputtered further downward, Williams doesn’t think the package would have differed for himself or, for that other executives moving into high profile “I think a lot of that is determinec on what upside the individual can bring to the he said. “Companies are willing to pay more for someonse who can add moreimmediate value. That tendzs to be people who are attachedto revenue-producing parts of the and in our industry, at this moment in the people who can add value out of maybw some of the disruption that’s taking too.

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