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: Executive Compensation
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
How ESG Metrics Are Taking Over Annual Incentive Plans
Compensation committees at S&P 500 companies are increasingly tying annual bonuses to measures beyond financial performance. The inclusion of environmental, social and governance goals in short-term incentive plans has increased fourfold since 2019, according to data collected from proxy statements. Experts say these nonfinancial metrics can serve as useful motivators as companies aim toward specific… Continue reading How ESG Metrics Are Taking Over Annual Incentive Plans
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
In a Bumper Year for CEO Pay, One Chief’s $161 Million Award Swells to $1.3 Billion
Chip maker Broadcom gave Hock Tan, its chief executive, a $161 million stock award, instantly landing him among the highest-paid CEOs. His payday could end up being even bigger, thanks to a surge in the company’s share price. Lately, the market has valued the underlying shares at roughly $1.3 billion. The gains are revealed in… Continue reading In a Bumper Year for CEO Pay, One Chief’s $161 Million Award Swells to $1.3 Billion
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