It is the time of year when all major U.S. public companies have filed their 2022 proxies. At least, that is true for corporations that operate on a calendar year, which most do. As usual, a group of CEOs made over $100 million. One, however, only made $1, according to AI-driven SEC data company MyLogIQ.… Continue reading America’s Lowest-Paid CEO
Tag: Executive Compensation
Walmart CEO Makes 900 Times More Than Its Workers
The debate over CEO pay is decades long. Boards believe their chief executive officers have skills that cannot be replaced. Shareholders and workers believe that annual compensation, which can go into the tens or hundreds of millions of dollars, can never be justified, mainly if the company’s workers are paid very little. …Based on 2022… Continue reading Walmart CEO Makes 900 Times More Than Its Workers
McDonald’s CEO Makes 1,200 Times Workers
The debate over CEO pay is decades long. Boards believe their chief executive officers have skills that cannot be replaced. Shareholders and workers believe that annual compensation, which can go into the tens or hundreds of millions of dollars, can never be justified, mainly if the company’s workers are paid very little. …Based on 2022… Continue reading McDonald’s CEO Makes 1,200 Times Workers
This CEO Makes 3,000 Times More Than His Workers
The debate over CEO pay is decades long. Boards believe their chief executive officers have skills that cannot be replaced. Shareholders and workers believe that annual compensation, which can go into the tens or hundreds of millions of dollars, can never be justified, mainly if the company’s workers are paid very little. …Based on 2022… Continue reading This CEO Makes 3,000 Times More Than His Workers
Netflix CEOs Made $50 Million
Netflix, battered last year by a slowdown in its business, briefly had two CEOs. One was founder Reed Hastings. The other was his hand-picked partner Ted Sarandos. Hastings has stepped down recently. However, each made about $50 million last year, an extraordinary sum for executives at a troubled company. Hasting made $51,073,237 in 2022, according… Continue reading Netflix CEOs Made $50 Million
This CEO Made $100 Million
CEO compensation has been the subject of controversy for years. Many people working for large companies and investors in these companies object to chief executive pay, which often reaches tens of millions of dollars a year. Boards of these companies argue that outstanding CEOs are hard to find. If they are not paid well, they… Continue reading This CEO Made $100 Million
More Companies Disclose COBRA Payments for Execs in Exit Deals
Companies are increasingly disclosing provisions in separation agreements that include continuing health care coverage for departing executives, according to data from public company intelligence provider MyLogIQ. The uptick in disclosures puts the details of these plans front and center for execs and competitors. Boards mulling over retention considerations or updating change-in-control agreements may find it… Continue reading More Companies Disclose COBRA Payments for Execs in Exit Deals
SEC Clawback Rules May be Broader than Boards Remember
The Securities & Exchange Commission is on the verge of adopting proposed rules that would ultimately require companies to claw back incentive compensation from executives after filing a restatement to correct inaccurate financials. However, a memo released in June with the reopening of a comment period on the latest proposal is raising questions among legal… Continue reading SEC Clawback Rules May be Broader than Boards Remember