Subject: File No. S7-07-13
From: Thomas J Blair
Affiliation: Retired CEO

September 27, 2013

I fully support the requirement that public companies release executive/employee pay ratios. Doing so will provide valuable and important information to stockholders, potential investors and oversight boards. The required ratios are easily calculated. The only possible reason not to release the information would be to hide the rapidly growing inequity.
Tom Blair
Retired President CEO (32 years)