This Week in THE FINE PRINT
Commercial Health Insurance Industry CEO Pay and Omertà "Cut Aways" in the NFL
Next up in THE FINE PRINT >
A conversation with Rosanna Weaver, Director of Wage Justice and Executive Pay at As You Sow in Berkeley, California. I talked with Weaver this week about why she started the 100 Most Overpaid CEOS annual report and why it has made such an impact over the last ten years since its launch.
Over 300:1. That’s the 2023 ratio of CEO-to-employee pay in the United States. In 2022, it was 272:1. The U.S. leads the world in excessive executive compensation, to the detriment of shareholders. The current system of executive pay distorts incentives, exacerbates income inequality, and leads consumers and employees to think the game is rigged against them. Some of the largest gaps in irrational pay disparity exist within Commercial Health Insurance industry companies.
We will discuss what she’s learned about Wealth Inequality in the United States over the last ten years, how she feels about the ever-widening economic divide, and how this disregard by select company / business owners has damaged health and Public Health.
And about that forthcoming mega-merger between Cigna and Humana that the FTC is trying to block? We’ll break it down.
As You Sow’s Executive Compensation initiative encourages shareholders to use the power of the proxy to better control and reduce unjustified CEO pay and to create greater equity in compensation across all publicly traded US companies. The goal is to help shareholders, including mutual funds, pensions, foundation, endowments, and individuals to create proactive change in a broken system. This reduces Harm-for-Profit.
Read the report about CEO compensation.
Also, the New York Times Magazine this weekend published a story about the NFL and the broadcast partners that produce the weekly game coverage featuring exceptional photojournalism by Brian Finke. We’ll take a look at how the employees of the NFL ecosystem interpret and justify violence, Traumatic Brain Injury (TBI) and Concussion Culture.
We will also examine how camera operators feel when they are repeatedly directed by show runners to “cut away” from the TBI injuries and concussions that occur during games. Why not broadcast what’s happening inside the “black tents” on the sidelines?
All this, and much more, in the weeks ahead.