One sign that directors are playing a greater role is they are often paid what looks like a full-time employee’s salary – and a well-paid employee at that. The median household income for a family of four in New York is $69,000; in 2005, the average board member at Long Island’s 10 biggest public companies [...]
They operate largely behind closed doors, collecting a full-time salary for, at most, half-time work, not to mention stock and such extra perks as travel. Politicians? No, we’re talking about corporate board members, those who exert tremendous influence on company performance as the voice of shareholders. But who are they? How do they get on [...]
In any affordable housing debate, the subject of Suffolk’s lack of sewer districts — and dire need for them — inevitably crops up. While just about everyone agrees more sewers are needed, memories of the 30-year-old Southwest Sewer District scandal, which derailed the political aspirations of just about anyone associated with the project, have kept [...]
George Ross was giving a simple college speech. At most, I intended writing a brief. Then he started talking. I wrote this for the morning deadline.
It’s not going to be easy for John S.T. Gallagher to retire. As the leader of what has become the North Shore Long Island Jewish Health System, he has taken a 169-bed teaching hospital formed to keep the local Gold Coast elite from heading into the city and made it the core of a mammoth, [...]
Friday, December 8, 2006
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