Thursday, October 29, 2009

Time Warner Shareholders Better Hope Hassan Isn't Named The Compensation Committee Chair!


Let's hope he's not named to decide executive compensation at Time-Warner. Per Reuters:

. . . .Time Warner said on Thursday that Schering Plough Chief Executive Fred Hassan has been elected to its board.

Hassan, 63, is the latest addition since former U.S. Attorney General William Barr, 59, was elected in July.

Vacancies were created after former Chairman and CEO Richard Parsons and former director and Colgate-Palmolive Chairman Reuben Mark retired from the Time Warner board in May and former director Herbert Allison resigned to accept a senior position in the U.S. Treasury Department in June. . . .

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