humani nil a me alienum puto

random rants about news, the law, healthcare law, economics and anything I find amusing

A Trip to the Doctor’s on the Company Jet – DealBook Blog – NYTimes.com

NYT’s Dealwatch Blog reports on the medical device company Stryker’s proxy statement detailing executive perquisites.

What does it say about the local medical community when the chief executive of a large medical technology company has to hop on the corporate jet and fly to another city to get an annual physical? That’s the situation at Stryker, based in Kalamazoo, Mich., which disclosed in its proxy that Stephen P. MacMillan, its chief executive and president, “traveled to a physical exam on the company aircraft.” *** Stryker “believes that its perquisites practices are conservative[.]”

via A Trip to the Doctor’s on the Company Jet – DealBook Blog – NYTimes.com.

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Filed under: Conflicts of Interest, Executive Compensation, Health Law, , ,

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