University of Pittsburgh

Doug Branson Quoted on Executive Pay in Energy News Site, PowerSource

Publish Date/Time: 
April 21, 2014

On April 15, 2014, the Pittsburgh Post-Gazette’s energy news site, PowerSource, published an article "Slicing the Corporate Pie," concerning top executives' pay, particularly in the energy industry. Author Anya Litvak interviewed and quoted Professor Douglas Branson: "[S]ome executive compensation experts, such as Doug Branson, a professor of business law at the University of Pittsburgh, say [use of all or nearly all equity-based compensation] ignores a company's other constituents: employees, suppliers and customers. "We're finding that excessive stock options are not a good thing," he said, as they incentivize "taking excessive risk, and taking excessive risk is antithetical to sustainability."

Read the full article here.  

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