From: Juanita Wagner
Sent: April 9, 2006
Subject: File No. S7-03-06

Securities and Exchange Commission

Dear Securities and Exchange Commission,

I am writing to urge the Securities and Exchange Commission to act on its proposed rule making on executive compensation disclosure.

The new requirements to disclose total compensation figures, pensions and detailed compensation breakdowns will make it clear exactly how much top executives are earning and why.

I believe that CEO pay should be set by independent directors.

I urge the SEC to require companies to disclose both the performance criteria and the performance targets they use when setting executive pay.

Too often executives are richly rewarded regardless of their companies' sub par performance.


juanita Wagner
1267 Country Club Dr.
Camano Island, Washington 98282