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Topic: Business
Number of pages / Number of words: 3 / 730
Essay's paper body

Since he took over in July 1996 until Jan. 30, the day he signed the new contract, the company's stock appreciated 228 percent, compared with about 47.8 percent for the broad market.

''Look, it's not an inexpensive package; we know that,'' said Charles Elson, a Sunbeam director and a law professor at Stetson University...


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''But on the other hand, it is a competitive labor market. There is clearly demand for his services at many other companies which would be willing to pay him a lot more.'' What is more, the three announced acquisitions will leave Mr. Dunlap running a company twice the size of the one he joined.

The real question, though, is whether the compensation package should have been designed to give Mr...


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