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Putin calls for restricting golden parachutes for top managers

March 29, 2013, 10:21 UTC+3
He added that such proposals should not discourage the top managers, but should create “sensible restrictions”
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ROSTOV-ON-DON, March 29 (Itar-Tass) – Russian President Vladimir Putin has put forward a proposal to introduce the maximum amount of payment – the so-called golden parachutes, to managers who are resigning.

“There (in the West) such restrictions have been introduced, and we also should consider such restrictions and introduce them,” Putin said at a conference of the All-Russia People’s Front (Popular Front – ONF).

He added that such proposals should not discourage the top managers, but should create “sensible restrictions.”

 

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