Prince vs pauper: comparing the pay of US and UK executives

Watson Wyatt and Imperial’s Tanaka Business School will host a lecture by Professor Martin Conyon of the Wharton School (University of Pennsylvania) on executive reward and stock options on 22 March 2005.

In the lecture, titled Prince vs Pauper? Comparing the Pay of US and UK Executives, Professor Conyon will look at how the pay and benefits of UK CEOs compares with that of US CEOs. The lecture will expand on earlier work he had published in the Economic Journal several years ago on the same subject. His analysis will include an assessment of whether there has been convergence in US and UK executive pay since his earlier work and a review of the trends in stock-based remuneration.

David Begg, Principal of Imperial's Tanaka Business School, said: "This is the third lecture on which Watson Wyatt and Imperial have collaborated since the opening of our state-of-the-art building last year. We are extremely pleased that Martin Conyon, a leading empirical finance researcher, has agreed to deliver this lecture."

Mike Orszag, head of research at Watson Wyatt and a visiting professor at Tanaka Business School, said: "These lectures have played an important role in enhancing public awareness of leading research on key issues affecting our clients."

The Distinguished Lecture, Prince vs Pauper? Comparing the Pay of US and UK Executives, will be held at the Tanaka Business School, Imperial College, London on 22 March 2005 at 5:30pm for 6:00pm. For further details contact Emily Beauchamp, imperial.lecture@eu.watsonwyatt.com or telephone +44 (0)1737 241144.

Note to editors:

Journalists are welcome to attend the lecture. Please contact Emily Beauchamp (contact details above) or Claire Barraclough (contact details below) to book a place.

For further media information contact:

Claire Barraclough
Public Relations
Watson Wyatt LLP
+44 (0) 1737 273390
claire.barraclough@eu.watsonwyatt.com
Visit Watson Wyatt's online press office: www.watsonwyatt.com/europe/news/journalists <file://www.watsonwyatt.com/europe/news/journalists> .

Susie Haywood
Press and PR Manager
Tanaka Business School
+44 (0)20 7594 9154 / +44 (0)7739 851 881
s.haywood@imperial.ac.uk

Tanaka Business School
The business of science, the science of business
 
At the heart of the Imperial College London campus, Tanaka Business School is a world class provider of business education. It offers full time and executive MBAs, MSc Finance, MSc degrees in Risk Management and Financial Engineering, MSc Health Management, MSc Management and a doctoral programme. The Tanaka Executive MBA is ranked tenth in the world, third in Europe and second in the UK, and Tanaka EMBA student, Kevin Baughan, won the Association of MBAs Student of the Year 2004 Award. Consistently rated in the top three UK university institutions, Imperial College London is a world leading science-based university whose reputation for excellence in teaching and research attracts students (11,000) and staff (6,000) of the highest international quality. Innovative research at the College explores the interface between science, medicine, engineering and management and delivers practical solutions that enhance the quality of life and the environment - underpinned by a dynamic enterprise culture.

www.imperial.ac.uk/tanaka

Watson Wyatt Worldwide
Watson Wyatt is a global consulting firm focusing on human capital and financial management. We specialise in employee benefits, human capital strategies, and insurance and financial services. We focus on combining human capital and financial expertise to deliver business solutions that drive shareholder value. Watson Wyatt has more than 6,000 associates in 88 offices around the world.

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