Interesting Direction in Management

IBM has changed their stock options program. Basically, senior executives get stock options priced at 10% OVER current market value. So in order to profit from an option they have to get the share price to raise more than 10%. (There's some sort of alternate program where they can get normal options but they have to spend some cash and hold the options for three years.) The article also mentions that this also gives the shareholders a window to reap profits (from the first 10% of gain), before the execs take their share. Neat! Hopefully this will become more widespread.