{"id":1490,"date":"2008-10-15t00:05:49","date_gmt":"2008-10-15t05:05:49","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=1490"},"modified":"2008-10-14t11:09:46","modified_gmt":"2008-10-14t16:09:46","slug":"cfos-want-more-disclosure-on-auditor-exits","status":"publish","type":"post","link":"\/\/www.g005e.com\/2008\/10\/15\/cfos-want-more-disclosure-on-auditor-exits\/","title":{"rendered":"cfos want more disclosure on auditor exits"},"content":{"rendered":"

cfos also think ceos are overpaid – except the one they report to.<\/strong><\/p>\n

in a national survey of cfos and senior comptrollers conducted by grant thornton llp, the u.s. member firm of grant thornton international ltd., 83% believe that the positions of ceo and chairman of the board should be separate.<\/p>\n

two-thirds of respondents think that the average ceo is overpaid, but only one-fourth think their own ceo is overpaid.\u00c2\u00a0 some 55% say they would like to be ceo of a company one day.<\/p>\n

grant thornton llp conducted the national survey from september 8th through september 19th, with 688 chief financial officers and senior comptrollers.<\/p>\n

details:<\/strong><\/p>\n

do you believe the roles of ceo and chairman of the board should be independent of each other?<\/strong><\/p>\n

yes: \u00c2\u00a083%<\/p>\n

no: \u00c2\u00a017%<\/p>\n

considering total pay and benefits package, do you feel the average ceo is: <\/strong><\/p>\n

overpaid: 66%<\/p>\n

appropriately paid\u00c2\u00a0: 33%<\/p>\n

underpaid: 1%<\/p>\n

considering total pay and benefits package, do you feel your ceo is: <\/strong><\/p>\n

overpaid: 25%<\/p>\n

appropriately paid: 62%<\/p>\n

underpaid: 14%<\/p>\n

should the sec enhance the 8-k rules to require explanations for all company dismissals of auditors, for all auditor resignations and for all instances in which the auditor chooses not to stand for reappointment?<\/strong><\/p>\n

yes: 70%<\/p>\n

no: 30%<\/p>\n

should shareholders have greater access to the proxy in order for them to nominate directors more easily?<\/strong><\/p>\n

yes: 63%<\/p>\n

no: 37%<\/p>\n

should shareholders be able to access the proxy online?<\/strong><\/p>\n

yes: 94%<\/p>\n

no: 6%<\/p>\n