The Wage Gap Between Workers And CEOs Is Growing. Can It Be Reduced?
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For decades, the wage gap between CEOs and their average worker has been growing further apart, from a ratio of 31-to-1 in 1978, to 320-to-1 in 2019, according to the Economic Policy Institute. During the pandemic, that disparity has only become more obvious, with some top executives at companies nationwide raking in large paychecks even as they let go employees or the companyâs revenue fell. Boston Globe columnist Shirley Leung, who recently wrote a piece about how that dynamic played out in New England, and MIT Sloan School of Business senior lecturer Bob Pozen, joined Jim Braude to discuss how the pandemic has opened up conversations about reducing inequality.
Executive pay these days is inextricably linked to a company’s stock performance. So in a period where the overall market is booming, as it did after the initial plunge from the pandemic last year, these pay packages can swell to outsize proportions.
Biospring Partners Expands Team and Announces its Advisory Board
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Biospring Partners has appointed Drew Pearson as Head of Portfolio Management, and the firm has added several industry leaders to its Advisory Board.
Drew Pearson
“I’m excited to be establishing an industry leading Portfolio Management function at Biospring Partners. We will be leveraging best in class systems and processes to optimize Biospring’s management of its investments,” said Drew Pearson. NEW YORK and BOSTON (PRWEB) December 10, 2020
Biospring Partners, growth investors in Life Sciences Technology, is announcing key additions to its team and advisory board.
Drew Pearson has joined Biospring as Head of Portfolio Management. In this role, Drew will lead performance management and value creation across Biospring’s portfolio. Prior to Biospring, Drew spent over twenty years at General Atlantic as Managing Director, He