CEO compensation: turning conventional wisdom on its head (almost). From: Ivey Business Journal Online | Date: November 1, 2004| Author: Chowdhury, Shamsud D.; Wang, Eric | COPYRIGHT 2004 University of Western Ontario. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Contrary to conventional wisdom, a CEO's fixed salary, or non-contingent pay, has not increased in recent years. In fact, a CEO's fixed salary, as a proportion of his or her total compensation, has been decreasing. Moreover, the greater the independence of a compensation committee, the more a CEO's salary will be tied to performance. Read on to discover more surprises about executive compensation.

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It is a widely held belief in some quarters-a belie...