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Wednesday November 19, 2014

Sports 8

Volume 96 Issue 44

The Student Voice of California State University, Fullerton

College studies CEO wages CSUF report finds that Orange County CEOs make less than average pay for CEOs in U.S.

BRYAN CIFUENTES Daily Titan In the second issue of the OC Corporate Governance Bulletin, Cal State Fullerton’s Center for Corporate Reporting and Governance identified the top-paid chief executive officers in Orange County, ranked according to industry. The results were the product of four months of data gathering topped off by an in-depth analysis of trends in CEO pay, pay by industry, pay by company size and performance measures. “This is a topic that we know is of interest to a lot of people—clearly CEOs and boards and businessmen, investors, but also Congress and politicians,” said Vivek Mande, Ph.D., CCRG director and CSUF professor of accounting. “We felt there was a need to focus on Orange County.” The report allows consumers to compare companies in multiple industries to analyze the pay of CEOs and what that pay means for the company and its employees. “(Our) students, many of whom work in Orange County, should be aware of some of the business practices that are going on in Orange County, and it helps them understand how business is conducted here,” Mande said. “CEO pay is like a window into how a business conducts itself—if you have CEOs who are paid atrocious amounts, you can infer that the quality of governance in the firm is also not good. CEO pay is a signal of what is going on in the firm.” Pharmaceutical, bioscience and life science industries proved to have the best-paid CEOs in Orange County, with a median pay of over $5.6 million a year. Insurance, banking and real estate officials were also among the top-earning executives, with a median pay of $4.6 million a year. The median pay of CEOs in the health care equipment and service field was $1.5 million below the next highest median pay group, earning a median pay of $1.9 million annually. SEE CEO

YUNUEN BONAPARTE / DAILY TITAN

Nick Gardener (left) and Chelle Denton (right) star in Cal State Fullerton’s production of the Broadway classic, Kiss Me, Kate. The 1940s musical features dancing, showtunes and Shakespearean dialogue. The show opens Friday in the Little Theatre and runs through Dec. 14.

Pucker up for ‘Kiss Me, Kate’ Classic musical opens Friday and brings comedic story of lost lovers reunited to the Little Theatre

TROI MCADORY Daily Titan A tale of lost love will be showcased this Friday in the musical production Kiss Me, Kate, a story set in 1948 where a man and his ex-wife are reunited. The story follows characters Fred and Lily on their journey as they begin working together for Fred’s version of Taming of the Shrew, and how their lives slowly begin to mirror the characters they are portraying. In this melodic, play-within-aplay rendition of Shakespeare’s Taming of the Shrew, there is bound to be comedy and romance that will draw attention from the audience. Director Jeremy Lewis has placed a lot of time and dedication into Kiss Me, Kate, starting as far back as spring semester. As a student working on his master’s degree with an emphasis in directing, he is required to direct three plays. He found himself drawn to Kiss Me, Kate after collaborating with other faculty when he decided he wanted to work on a project that

YUNUEN BONAPARTE / DAILY TITAN

Fred and Lilly’s marriage may have ended, but their relationship is far from over. As the ex-lovers star opposite each other in a show, their journey begins to mirror that of the characters they’re playing.

would further help his career. “One is how to do Shakespeare and the other is how to do a musical,” Lewis said. “Those are the two most popular things in the world of theater. What better way to kill two birds with one stone?”

Lewis is also challenging himself with the Kiss Me, Kate production because it is his first time directing a musical. He enjoys the storyline and the musical selection includes songs he heard as a child growing up,

SEE KATE

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Alumni twins give back with lectures

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James and Ryan Fratzke share post-graduation perspective with current students

Median CEO pay

FRANCISCO REYES Daily Titan

• Pharmaceuticals, Biotechnology and Life Sciences: $5.6 million • Insurance, Banking and Real Estate: $4.6 million • Tech hardware and equipment: $3.6 million • Others: $3.4 million • Health Care Equipment and Service: $1.9 million

although he didn’t know they were from the musical. Cast member Matthew Dunn shares similar thoughts on the show as Lewis.

YUNUEN BONAPARTE / DAILY TITAN

Cal State Fullerton business marketing alumni, twins Ryan and James Fratzke, lead a workshop in a Developing Marketing Strategies class Tuesday.

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Two Cal State Fullerton alumni are paying it forward by sharing their formula to success with CSUF students. James and Ryan Fratzke, twin brothers who graduated following the spring 2014 semester with degrees in business marketing, now work as national account managers for Where 2 Get It, a marketing agency that specializes in location-based services. The 23-year-olds, who were both class of 2014 commencement speakers for the Steven G. Mihaylo College of Business and Economics, conducted a workshop in a Developing Marketing Strategies class to help students understand

the nuances of finding a job after college. At Where 2 Get It, the 23-year-olds often meet with representatives from large corporations such as Walmart to localize the national marketing strategies such corporations employ, Ryan Fratzke said. Part of that localization, he said, means using multiple digital platforms. Their careers began in 2009 and along the way, they have had marketing jobs at Disneyland and have been to a combined 36 job interviews from promotions to new positions and more pay, Ryan Fratzke said. “The purpose of our presentation is to make (students’) post-college job search easier by sharing perspective from our career and personal experiences,” James Fratzke said. SEE TWINS

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