Book & podcast collection

The CEO Pay Machine: How it Trashes America and How to Stop it

bySteven Clifford

Former corporate director Steven Clifford argues that chief-executive compensation became detached from performance through a system largely controlled by executives, consultants, and compliant boards. He explains how peer comparisons, stock awards, bonuses, and complex metrics steadily ratchet pay upward while imposing costs on employees, shareholders, and public trust. Drawing on boardroom experience and corporate examples, Clifford challenges the claim that enormous packages are necessary to attract talent. The book proposes governance and policy reforms designed to restore accountability, simplify incentives, and reconnect executive rewards with long-term value rather than bargaining power.

Publisher

Blue Rider Press

Publication date

2017

Format

Print edition

Pages

277

ISBN

9780735212398