April 7, 2005

Securities and Exchange Commission

Dear Securities and Exchange Commission,

It's time to diclose executive compensation. Too often executives are richly rewarded even when their companies' performance is below par. Without better disclosure, shareholders, employees and the general public cannot evaluate whether executive pay packages are unjustly enriching executives at shareholder cost or providing fair compensation.

Workers being laid off need to know how much top executives are earning and why.

I believe that CEO pay should be set by independent directors. Shareholders should be told if directors have potential conflicts of interest, no matter what the amount.

I also urge the SEC to require that companies disclose pay-for-performance data.


Christine O'Connor
1832 Snyder
East Lansing, Michigan 48823