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Guest: Erik Akutagawa
Background: Sony Pictures Entertainment, Rhythm & Hues, NFL, Ticketmaster, Baja Missions
In this episode of “We Fixed It, You’re Welcome,” our panelists tackle the controversial topic of executive compensation, focusing on Paramount Pictures and its former CEO Bob Bakish’s $69.3 million severance package.
The panel, plus episode guest Erik Akutagawa, discusses the ethics of golden parachutes, their impact on employee morale, and potential solutions to align executive pay with company performance. We explore ideas such as performance-based vesting, clawback provisions, and linking executive outcomes to worker protections.
The conversation delves into the broader implications of these practices across industries, touching on similar issues in sports and retail. The hosts propose structural reforms to create more accountability and fairness in executive compensation, while acknowledging the challenges of implementing such changes in the current corporate landscape.