I disagree with Mike Welch's assertion in his Aug. 11 column "Don't Jump to Conclusions Regarding CEO's Pay" that questions "what possible good" could come from members learning what the CEO of their credit union is paid. Why not full disclosure of salaries? Every two years the salaries of all Missouri state employees are disclosed in a state publication popularly referred to as the `blue book' which is available to everyone. Perhaps with sun shedding light on the compensation of executives some of the abuses would not have occurred in our nation's corporations. John Smith Director Missouri Credit Union Division Jefferson City, Mo.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.