CEO Pay

Why Are These CEOs So Overpaid?

The staggering growth of CEO pay might have something to do with executives' control over their own compensation. These are the chairmen/CEOs enjoying the biggest paydays.

Average Joe CEO Made $9.6 Million in 2011

Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by the AP using data from Equilar, an executive pay research firm.

Top Executives at Bailed-Out Firms Have Pay Cut

Nearly 70 top executives at three companies bailed out by the taxpayers during the 2008 financial crisis -- AIG, Ally Financial and GM -- were ordered to take pay 10% cuts by the federal government, and the CEOs had their pay frozen at 2011 levels.

Top CEOs Earn More Than Their Firms Pay in Taxes

Twenty five CEOs of America's top companies earned more money than their companies paid in taxes last year, according to the Institute for Policy Studies' Executive Excess report. See which firms and CEOs made the list.

CEO Pay: JPMorgan's Dimon Earned His Big Money

The average person may find it hard to imagine what big company CEOs do to justify their massive pay packages. Shareholders often ask a similar question: Why pay executives so much when the returns they produce are often so modest? But that's a question that doesn't apply to JPMorgan Chase CEO Jamie Dimon.

Stock Buybacks:
A Warning Sign for Smart Investors

Last year saw a surge in stock repurchases -- companies like ExxonMobil, Walmart and Microsoft bought back shares at record levels. Buybacks can be seen as a cash giveaway to investors, and they boost earnings per share. But there's a strong reason to be wary of companies that do buybacks.

Are CEOs Worth the High Salaries and Big Bonuses?

CEO bonuses rose 30.5% in the past year, but are the heads of large U.S. firms really earning their hefty compensation packages by creating increased profits and shareholder value? A closer look reveals wide disparities: There are some Bargain CEOs, but also some Hogs and Value Destroyers.

Not Exactly 'Pay for Performance' for These Big Pharma CEOs

Most workers would worry about losing their jobs, let alone receiving a bonus, if they slacked off, but CEOs are held to a different standard. For example, despite several stumbles, GlaxoSmithKline's CEO got a nice bonus, and Johnson & Johnson's CEO even got a raise for a job badly done.

New SEC Rule Gives Investors a Vote on Executive Pay

The Securities and Exchange Commission on Tuesday approved a measure that gives institutional shareholders a vote on executive pay at large corporations, part of regulators' efforts to give investors greater say over top-level salaries that have been described as excessive.

This May Be the Best Way to Put CEO Pay in Perspective

To wrap your head around how much someone like Larry Ellison makes, try comparing his compensation to the median income of an American household, $49,777. His 2008 take of $543 million is the equivalent the annual earnings of 10,908 average American families.

CEO Departures in November Fall to Year's Lowest Level

Though the job market remains challenging, for one group, the labor market was at its steadiest of the year last month. The number of chief executives departing their jobs fell to 79 in November, the lowest monthly number of 2010, according to job-services firm Challenger, Gray & Christmas.

Outrageous CEO Perks: This Year's Top Picks

Thanks to public outcry and the prodding of the SEC, public companies don't throw crazy perks at their CEOs the way they once did. But execs still routinely get lavish benefits that increase their pay by millions. See our list of this year's most outrageous CEO perks.

Citadel Broadcasting Agrees to Cut Executive Pay

Citadel Broadcasting Corp. (CTDBQ) changed its compensation plans for top management after complaints that they violated the terms of its bankruptcy reorganization. Citadel, the third-largest radio broadcaster in the U.S., exited bankruptcy protection in June owned by creditors including JPMorgan Chase (JPM), The Wall Street Journal said.

DirecTV's Michael White: The Best Undercover Boss Yet

What separated White from the other Undercover Bosses was his attitude. Maybe because he's fairly new to DirecTV and has no background in the satellite-TV business, White seemed to realize that he has much to learn.

Why Stock Buybacks Are a Waste of Shareholder Resources

So far in 2010, U.S. companies have announced stock buybacks totaling more than five times as much as they had at this time last year. But evidence suggests that such buybacks a more likely to be money losing propositions -- except for the CEOs whose bonuses they artificially inflate.

Undercover Boss: Choice Hotels' CEO Makes the Beds

Undercover Boss starts its second season with a glimpse under the sheets at Choice Hotels, one of the largest hospitality conglomerates in the world. Featuring president and CEO Stephen P. Joyce, the episode will show the tougher side of the hotel business, as top executive scrubs a pool, makes beds, and straightens up a few of the company's estimated 490,000 rooms.

CEOs Who Laid Off More Got Paid 42% More Money

CEOs who cut the most jobs during the recession earned an average of 42% more than their S&P 500 peers, according to a study by the Institute for Policy Studies. Top execs at the 50 firms that laid off the most workers since the economic crisis began averaged nearly $12 million in 2009.

Occidental CEO's Bloated Pay Prompts Shareholder Fight

Two large institutional investors are none too happy about the $50 million Occidental Petroleum's CEO made last year, so Relational Investors and CalSTRS are launching a fight to take over four of 13 seats on the oil and gas company's board.

Oracle's Larry Ellison Is Highest-Paid CEO of 2009

It may not be big money by hedge-fund compensation standards, but billionaire Larry Ellison, CEO of Oracle, topped the rankings of the highest-paid CEOs for 2009 with $84.5 million in total compensation, significantly more than the No. 2 executive on the list.

Are senior AIG execs going broke?

AIG (AIG) CEO Robert Benmosche wants to make it clear that many of his senior staff have made tremendous financial sacrifices in the insurance firm's...

CEO pay is still a man's world

The results of a new study by boardroom watchdog The Corporate Library might lead you to conclude that last year was a bad time to be the CEO of a...