Every sports fan can cite chapter and verse when making an argument about why a player is overpaid. But when it comes to CEOs, they may not be as well informed.
Take Pittsburgh Pirates right fielder Gregory Polanco. He’s currently batting about .200 and has struck out about 25 percent of the time he steps to the plate. Spotrac.com lists Mr. Polanco’s 2018 salary at $4.1 million.
That’s $200,000 less than Koppers Holdings, a Pittsburgh chemicals producer, paid CEO Leroy Ball in 2017.
So what did Mr. Ball do to earn his $4.3 million? Koppers reported flat earnings last year while sales rose 4 percent.