CEO pay

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CEO Pay Was Up— Way Up—Last Year

It increased almost 10% in 2024

(Newser) - The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply, the AP reports. Many companies have heeded calls from shareholders to tie CEO compensation more closely to...

America's Highest-Paid CEOs
America's Highest-Paid CEOs
Sep 2, 2024 2:25 PM CDT

America's Highest-Paid CEOs

Quartz runs down the top 10 following an AFL-CIO report

(Newser) - Happy Labor Day, here's a "fun" fact for you from AFL-CIO's 2024 report on executive pay : "It would take more than five career lifetimes for workers to earn what CEOs receive in just one year." The report finds that last year, corporate profits and executive...

Tesla Will Ask Shareholders to Give Musk His Billions After All

A $55B compensation package was invalidated by a judge in January

(Newser) - "Never incorporate your company in the state of Delaware," Elon Musk said in a January post on X after a Delaware Chancery Court judge voided a Tesla compensation package that had potentially been worth around $55 billion. Now Tesla is asking shareholders to move the company's corporate...

CEO Pay Took an Eye-Popping Jump Last Year

Typical compensation package for those at helm of S&P 500 companies soared 17.1%

(Newser) - Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analyzed for the AP...

These Bosses May Get Paid Just a Little Too Much

Investor advocacy group as you sow published its most overpaid CEO list

(Newser) - As the chief executive officer of Paycom Software, Chad Richison claims pay of more than $210,000,000, while the average worker at Paycom takes home $71,259—a CEO-worker ratio of 2963:1. And he's not the only head honcho that has a salary that's way in...

Tim Cook's Compensation Should Alarm Investors: Firm

He received $99M in 2021, or 1,447 times the wage of an average Apple worker

(Newser) - Apple shareholders are urged to raise a stink about a $99 million pay package awarded last year to CEO Tim Cook, who's already reportedly worth more than $1 billion. In a letter to shareholders published Wednesday, proxy advisory firm Institutional Shareholder Services said there are "significant concerns" about...

Abigail Disney: Our CEO's Pay 'Insane'

Disney co-founder's granddaughter addresses pay disparity between Bob Iger, workers

(Newser) - Disney CEO Bob Iger got an 80% raise last year, and is currently making $65.6 million. One of the members of the Disney family thinks that's "insane." Abigail Disney, granddaughter of Walt Disney Company co-founder Roy Disney, spoke at the Fast Company Impact Council last week...

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