The chiefs of America’s biggest companies reached new pay heights in 2023 as stock awards swelled the value of compensation packages. Half of the executives in a Wall Street Journal analysis made at least $15.7 million, a record for median CEO pay in the annual survey, with several making more than $50 million. Median pay… Continue reading The Highest Paid CEOs of 2023
Tag: CEO Pay
Musk Effect Drives Spread of Supersize CEO Pay Packages
Elon Musk didn’t just upend the global auto business and space missions. The billionaire is also reshaping the landscape of executive pay. Musk’s multibillion-dollar pay package from 2018 has set the tone for other high-end pay deals, despite being thrown out by a Delaware court earlier this year. More executives have gotten outsize pay packages,… Continue reading Musk Effect Drives Spread of Supersize CEO Pay Packages
Top 5 Highest Paid American CEOs Of 2023
In 2023, the leaders of America’s largest companies saw their compensation packages soar to unprecedented levels, driven primarily by substantial stock awards. This surge in executive pay reflects the growing trend of rewarding CEOs with equity, aligning their interests with shareholders and pushing their total earnings to new heights. According to a report by The… Continue reading Top 5 Highest Paid American CEOs Of 2023
Paramount Faces Golden Parachute Clash as CEO Steps Down
Departing Paramount Global CEO Bob Bakish’s exit package is estimated to top $50 million, highlighting a stockholder proposal up for a vote this spring that, if adopted, would require shareholder approval of golden parachutes. Shareholders are targeting nearly two dozen Russell 3000 companies with similar proposals this proxy season, and observers said investors’ focus on… Continue reading Paramount Faces Golden Parachute Clash as CEO Steps Down
Visual Investigation: Pay Gaps Widen as Workforce Scrutiny Grows
The pay gap between CEOs and their employees has widened over the past half decade, according to an analysis by Agenda of S&P 500 proxy statements. In 2022, half of all S&P 500 CEOs earned at least $183 for every dollar earned by their company’s typical employee. This value is $16 higher than it was… Continue reading Visual Investigation: Pay Gaps Widen as Workforce Scrutiny Grows
Pay Metrics Proliferate for REIT CEOs Amid Sector Turbulence
Chief executive officers at the top 15 public real estate investment trusts all earned upward of $4 million last year, with the largest firm’s CEO inching toward a annual compensation total of nearly $50 million last year. …Data from public company intelligence provider MyLogIQ showed Prologis CEO Hamid Moghadam taking the cake with total pay… Continue reading Pay Metrics Proliferate for REIT CEOs Amid Sector Turbulence
See How Much Corporate Leaders Make Compared with Their Employees
From fiery speeches on union picket lines to pointed shareholder resolutions, criticism of CEO pay packages has taken on new urgency in 2023, even as the gap between the salaries at the top and bottom of the corporate ladder has continued to grow. How outlandish have CEO salaries gotten? Can they ever be reined in?… Continue reading See How Much Corporate Leaders Make Compared with Their Employees
How the Pay Gap Between Employees and CEOs Impacts Workers, According to Experts
Money can, in fact, buy happiness: A much publicized 2010 study found that employees needed to earn $75,000 per year to feel fulfilled, and that each additional dollar above that wouldn’t make a difference. But according to more recent research from Matthew Killingsworth, a senior fellow at the University of Pennsylvania, there is no such… Continue reading How the Pay Gap Between Employees and CEOs Impacts Workers, According to Experts