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Xero should keep the CEO, keep the share price, and make her buy back in
The prescription is not to cut Sukhinder Singh Cassidy’s pay loose from the price. It is to reload her exposure to it – properly, and with obligations running both ways.
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Timeline cronologica
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Xero CEO sells off shares amid talks to reset pay package
Sukhinder Singh Cassidy has sold all of her shares in the company, amid a plan to reset her pay package to be less reliant on the struggling stock price.
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Xero should keep the CEO, keep the share price, and make her buy back in
The prescription is not to cut Sukhinder Singh Cassidy’s pay loose from the price. It is to reload her exposure to it – properly, and with obligations running both ways.
- ·
Problem with Xero chief’s pay push? CEO pay’s been static for 10 years
New data shows boards and investors have done a good job of matching remuneration to performance. That’s why the Sukhinder Singh Cassidy saga is so jarring.