Sometimes extra-rich pay packages actually do work

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10 May 2011 | By   Robert Cyran Follow @rob_cyran
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Valeant's CEO gets up to $4 of every $100 he creates for shareholders unless investors do poorly. Then he makes zilch. He's already made some $200 mln since 2008. Such aligned incentives explain why the drugs group walked away from a bid battle. It's a plan worth replicating.

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