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I think we'd all agree that Constellation has the gold-stand for compensation among its managers.  No restricted stock units, options etc, and yearly 75% of a operating managers bonus has to go into buying CSU shares which they cant sell for 5+ years.  Shares outstanding has remained FLAT for 15+ years.  Berkshire is another GOLD STANDARD here.  Someone mentioned Watsco as having very shareholder aligned comp structure (have to be retired before you can sell etc). 

 

What other companies are worth studying in this regard? 

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