Word: hmcã
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Dates: during 2001-2001
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...revamped HMC??s compensation structure so that it rewarded longer-term performance and tied its structure to benchmarks selected by HMC??s board of directors that “outperform[ed] the average manager,” according to Meyer...
...Meyer said the lead of 8.4 percentage points over other big investors was the largest in HMC??s 22-year history...
...despite HMC??s stellar performance, conflict has arisen over compensation packages paid to HMC??s top investors—last year HMC??s highest paid investor earned $16.7 million, while Harvard President Neil L. Rudenstine earned a mere...
...Harvard’s compensation packages are more demanding than the average Wall Street package, officials say, since performance is based on only growth above HMC??s benchmarks, not overall growth...
...controversy surrounding HMC??s compensation levels has mostly dried up, though, as HMC??s results have continued to skyrocket...