Mass. regulators should probe Liberty Mutual CEO’s pay Mass. regulators should probe Liberty Mutual CEO’s hefty pay - Editorials

The roughly $50 million-a-year paycheck earned by Liberty Mutual’s Ted Kelly over the past three years is not only out of step with that of most CEOs of insurers and other similar-sized companies, but out of whack with reality. Kelly’s yearly pay was more than 100 times that of President Obama, and more than all US presidents have earned throughout American history.