AXA's Condron warns of talent drain if executive pay limited

10/5/2009 | Boston Herald

AXA Financial CEO Christopher Condron said Friday that financial-services companies could experience a talent drain if public outrage over executive pay continues. "Anyone good will say: 'I don't need the money (that badly). I'm not going to go into the barrel of that gun and be in the public eye every single morning in every single newspaper in America and not get paid (well) for it,'" Mr. Condron insisted. But logical discussion of the subject has become so heated that it is difficult to reason about it, Mr. Condron added.

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