Executive Salaries: How Much Is Too Much?

Liberty Mutual sign. (Flickr/Christopher Schmidt)

Liberty Mutual sign. (Flickr/Christopher Schmidt)

Liberty Mutual, based right here in Boston, ranks 82 in the list of Fortune 500 companies. Former CEO Ted Kelly received a $50 million compensation package for the last four years.

But Liberty Mutual isn’t a for-profit company.

Its owned by its policyholders, not shareholders. So, for a company owned by those whom it serves, how right is it for the top level executives to be paid salaries with that many zeros in them? And who oversees this compensation plan?


Other stories from this show:

Please follow our community rules when engaging in comment discussion on this site.

Hosts Meghna Chakrabarti and Anthony Brooks introduce us to newsmakers, big thinkers and artists and bring us stories of relevance to Bostonians here and around the region. Live every weekday at 3.

  • Listen: Weekdays, 3 p.m. on 90.9 FM
  • Live Call-In: (800) 423-TALK
  • Listener Voicemail: (617) 358-0607
Most Popular
This site is best viewed with: Firefox | Internet Explorer 9 | Chrome | Safari