A press release discusses the results of Syzygy Consulting Group’s annual compensation survey and provides some employee ownership insight:
“Aggregate employee ownership increased 10 percent, jumping from 15.13 to 16.64 percent of a company’s total shares outstanding…The software industry showed the largest increase. Overall employee ownership jumped 20 percent in 2007. Annual cash compensation showed a nearly identical leap.”
Also, the press release reiterated the trend to having more independent Board members:
“Independent directors now comprise the majority of most Boards. The era of founders, attorneys and investors dominating Board membership may have seen its day.”
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