Big Oil CEO Sees Major Pay Boost
DALLAS -- Exxon Mobil Corp.'s CEO had a good year in 2011 – he got compensation valued at $25.2 million. Shareholders had a good year too, so on...
DALLAS -- Exxon Mobil Corp.'s CEO had a good year in 2011 – he got compensation valued at $25.2 million. Shareholders had a good year too, so on...
Paul Szep | Posted 05.29.2012
AP | By The Associated Press | Posted 05.25.2012
-- The 10 highest-paid CEOs for 2011, according to an Associated Press analysis of Standard & Poor's 500 companies. The analysis includes companies t...
AP | By CHRISTINA REXRODE | Posted 05.25.2012
-- In the small world of big CEOs, the perks can be spectacular. Drivers, country club memberships, use of company aircraft – those splashy ex...
AP | CHRISTINA REXRODE and BERNARD CONDON | Posted 05.25.2012
NEW YORK — 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 milli...
AP | SETH BORENSTEIN | Posted 05.25.2012
WASHINGTON -- David Simon of Simon Property received a pay package worth more than $137 million for last year, and the typical CEO took home $9.6 mill...
Reuters | Posted 05.25.2012
JERSEY CITY, N.J., May 24 (Reuters) - Goldman Sachs Group Inc stockholders on Thursday approved the firm's compensation plan for top executives and ...
The Huffington Post | Bonnie Kavoussi | Posted 05.21.2012
It pays to be CEO at some companies, no matter how much money you lose. Gregg Engles, founder and CEO of Dean Foods, earned $8.5 million in 2011, a...
Leslie Hendry | Posted 05.14.2012
No one wants to repeat another bailout, and politically speaking, it's hard to imagine one getting passed again within the next fifty years. But when financial leaders allow huge bets to be placed on unnatural, or synthetic securities, they simply haven't learned the lessons of the past crisis.
The Huffington Post | Harry Bradford | Posted 05.09.2012
Even after being convicted for bilking his former employer for millions, one ex-executive is suing the company from behind bars, claiming he's still o...
The Huffington Post | Mark Gongloff | Posted 05.07.2012
The shareholder revolt against banker pay seems to have fizzled out. Shareholders late last week rejected the pay plan for Sterling Bancorp, a New ...
The Huffington Post | Bonnie Kavoussi | Posted 05.02.2012
It's good to be chief executive. American CEOs saw their pay spike 15 percent last year, after a 28 percent pay rise the year before, according to...
AP | Posted 04.28.2012
ATLANTA -- Delta Air Lines Inc.'s chief executive, Richard Anderson, received a 10 percent raise in his pay package in 2011, a year when the company's...
Dean Baker | Posted 04.26.2012
Can the members of Citigroup's board say with a straight face that they represented shareholders' interests when they approved Pandit's $14.9 million pay package? Can they say they earned the $250,000 the company paid them this year?
Reuters | Posted 04.21.2012
* Lawsuit follows rejection of CEO Pandit's pay package * Directors accused of breach of fiduciary duties April 20 (Reut...
Robert Reich | Posted 04.18.2012
The vote against Vikram Pandit's proposed pay package isn't binding on Citigroup. But it's a warning shot across the bow of every corporate boardroom in America. Shareholders aren't happy about executive pay.
Klaus Schwab | Posted 04.14.2012
Even though capitalism has not been laid to rest, it is fair to say that capital is losing its status as the most important factor of production in our economic system. Capital is being superseded by the ability to innovate -- and therefore by human talents.
Reuters | Posted 04.05.2012
By David Henry April 4 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon received $ 23.1 m illion in compensation in 2011, an 1 1 perce...
William Lazonick | Posted 04.04.2012
It is about time that we took control of exploding executive pay. It is not just that the sums involved are unfair, and as history has shown, will only become more obscene. These executives control the allocation of resources that represent the well-being of the 99 percent.
AP | CHRISTINA REXRODE AND SARAH SKIDMORE | Posted 04.04.2012
NEW YORK -- Goldman Sachs made a move to court unhappy shareholders by shaking up its board. But Tuesday, a union group said it wasn't enough....
Robert L. Borosage | Posted 05.29.2012
The Great Recession exposed deep systemic weaknesses in our economy. The test is not whether we can reflate another bubble, but whether we can build a new foundation for sustained growth and shared prosperity.
Posted 03.21.2012
Even as unemployment remains stubbornly high and many Americans find themselves on the edge of economic devastation, the number of CEOs with salaries ...
Randy Turner | Posted 05.19.2012
Thanks to that selfless act of generosity, the CEO of Gannett, who required all employees in the newspaper division to take an unpaid one-week furlough during the first quarter of 2011, will only receive a $1.2 million bonus.
The Huffington Post | Alexander Eichler | Posted 03.14.2012
You know your boss makes more than you. But do you know how much more? The architects of the Dodd-Frank act would like you to know. That's why they...
HuffingtonPost.com | D.M. Levine | Posted 03.05.2012
How much did private equity chief Stephen Schwarzman make last year? Depends who you ask. The Wall Street Journal and Reuters both reported that S...
AP | DAVID KOENIG | Posted 05.30.2012