Executive Compensation & Ethics

The CDC Director Dr. Robert Redfield asked for a cut in his salary after it was revealed he made $375k annually, a significant increase from his predecessors. The high salary was due to a Title 42, a provision created by Congress to allow federal agencies agencies to be competitive with the private sector in terms of pay. Host Dan Loney talks with Marc Hodak, Adjunct Professor of Ethics at NYU Stern School of Business and Partner at Fairest Advisors, and Charles Elson, a Chair in Corporate Governance and Professor of Finance at the University of Delaware’s Alfred Lerner College of Business and Economics, join us to discuss ethics and considerations of executive compensation on Knowledge at Wharton.