Gerald Hendricks: Good to be CEO

January 28, 2013 

Good to be CEO

The Jan. 20 article “Insurers seek to raise rates on homes” is understandable when you look at the CEO compensation. How else are these companies going to continue to fund the $52.2 million that the State Farm CEO received in total compensation in the last five years? Or maybe the Allstate CEO’s 20 percent increase in 2011 to $11.2 million? Greed is good.

Gerald Hendricks

Creedmoor

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