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Was owned by 2 private equity companies as I recall. Easy to say in theory, but when you're an entry level employee just trying to get some experience on the resume before heading to greener pastures you try to keep your head down. Also forgot we had the CEOs son on the payroll as a sales associate for Australia. He made far and above what the other sales people for the company did. Plus got the same sales commission that the rest of the team did. He also brought in the least amount of business for the company. We paid him a monthly wire and he'd kick and scream if it wasn't paid ahead of time if pay day was over the weekend.

Sounds like a clear ethics violation. Most public companies have an anonymous number for that. As a regular employee, you can and generally will fired for much less than that. As for disclosure, I think the answer is <$10k or <$100k. Below that, it’s a matter of corporate policies which should apply to everyone, including CEO‘s.

Agree with above. All should be disclosed. Will it? Unlikely.

D, would even push for lower - My first job out of college was working as an accounts payable accountant. The amount of grift the CEO did by employing his wife to do tasks such as decorating the office, catering for events, the company even paid her commission for art work, and she paid herself a very handsome hourly rate for her services. Even had her own LLC to keep things appearing on the up and up. My bosses were all powerless to do anything about it. Just run of the mill petty corporate theft. I did manage to get the CFO to draw the line on her accompanying the CEO on his business trips to Europe. He was even wanting us to pay for a couples weekend in Venice that had nothing to do with any company business or was anywhere close to where the business meetings were taking place. And we also managed to ding him for trying to have the company pay for her round trip business class ticket as well. Plus the corporate policy was he, himself, was only allowed to take Premium economy given the length of flight. Needless to say I wasn't very popular with him after that.