Fortune 500 CEOs Options Drowning Fast

Dan Colarusso|Mar. 8, 2009, 7:00 AM

The Washington Post tells us that the market carnage of the past year has put options held by 99 percent of Fortune 500 CEOs firmly under water.

Small
wonder then, that almost 100 companies have either repriced or plan to
reprice options since the beginning of last year, according to Equilar,
a compensation research firm.

As one might imagine, that’s a
sharp jump from before the economy was a total train wreck. Equilar
expects 21 companies will implement exchange or repricing programs in
the first quarter of 2009, compared with

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