They had an excellent year. The vice chairman of the Rochester-based company, which provides insurance for 2 million New Yorkers, earned nearly $1.7 million. The president and CEO received almost $1.5 million and the executive vice president was paid $1.3 million. Fifty-three other employees were paid more than $200,000.
However, the paper stops short of prescribing specific solutions and instead urges the company's suits to take symbolic steps by limiting their own pay.
The paper's dead-on about the need for reform and right to start point fingers at insurance company largesse. We need to continue the discussion. What are your thoughts?