CalPERS Awards Marcie Frost Nearly $1.8 Million Total Compensation, for 18.33% CAGR in Increases Since Hiring in Violation of Her Pay Parameters; Board Dissenters Punished
CalPERS' CEO Marcie Frost's pay is so high that it elicits pushback from retirees and casual observers and also violates comp structure rules
We haven't written up this one. Naked Capitalism has the full story — the link below goes straight to it.