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Many incentives for chief executives are misaligned with shareholder interests.
Those dollars are unlikely to serve shareholder interests.
Mr. Icahn blamed the company's financial problems on a board that failed to protect shareholder interests.
"We're taking a disciplined approach to compensation and trying to align it with shareholder interests.
But that pay comes with a duty: ensuring shareholder interests come first.
tending to those can leave the chairman to focus on monitoring top executives and shareholder interests.
Chief executives regularly play down personal motives that could conflict with shareholder interests.
"We all live in this world of shareholder relationships and shareholder interests," he said.
Barclays pledged to align the bank's remuneration policy with shareholder interests.
It has adopted rigorous criteria that must be achieved and are aligned with shareholder interests.
Even now, some companies' option grants are at odds with shareholder interests.
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