Meanwhile, the average Bostonian is scraping by, yet the mayor and city council authorize a ridiculous tax break for the super profitable company..

The compensation is ridiculous and I bet that for the front line employees, they were probably lucky if they saw a 3-4% raise during those years and it is the front line employees that truly make a company profitable by their hard work and the relationships they develop with customers.

Mr. Kelly is a perfect example of the kind of greedy CEO that is (or should be) an embarrassment to American business. What's abundantly clear is that many of the executives at the top of U.S. corporations are, to put it bluntly, not people of very good character. I would say - by definition - that anyone taking this kind of money out of a public company (owned by shareholders) or a mutual life insurance company (owned by policyowners) is either deluded (they think they're actually worth it) or a thief (they know they're not worth it, but take the money anyway). It's interesting, though not surprising, to see that a number of his cronies on the board are retiring with him. It would be better if they all retired since they clearly don't have the best interests of the policyowners in mind. Kelly's compensation is larceny, pure and simple, and the insurance commissioner should get off his rear and do something about it.

Is any CEO working for a public company worth $1million per/wk.? This is grand theft. Simple formula for CEOs 10x the average salary of the employees. May not be to popular w/the CEOs but fair.