travel wherever he goes by company aircraft. It is sad but all too true that such threats to CEO's in many companies are very real, and I might be the first to admit that, where this is true, such a resolution is entirely justified. Some CEO's are entitled to combat pay. Others are hardly worth stealing. It is far better to avoid being kidnapped and held for ransom. You may learn quickly who your friends are but you can end up profoundly embarrassed to find how little you fetch in a free market. All of the suggestions about compensation and perks that I have made so far are well within the realm of good corporate manners. Within reason, all reasoning shareholders are willing to entrust their affairs to those with the good sense to look after themselves - at least within reason. But not everything is Utopian in the life of the Chief Executive. Some of the duties are demanding and onerous. For example, you must preside over the annual meeting of the shareholders. Fortunately, by definition this happens only once a year. It can be a tedious - sometimes even a trying - experience. The important thing here is to keep the whole thing in proper perspective. Not to worry! If you still have your job by the time the annual meeting rolls around, you are almost certain to have it when the meeting adjourns. Nothing - repeat, nothing - will be decided at the annual meeting that has not already been decided in. advance. Proxies have been solicited and returned with instructions as to how votes are to be cast. No discretion is left with the proxy holder. The proxy cannot be swayed by the logic of any arguments 9