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Executive Bonuses

Health Products Giant Lowers Executive Bonuses

AP | LINDA A. JOHNSON | Posted 03.14.2013 | Business

TRENTON, N.J. -- Citing "disappointments" last year, Johnson & Johnson has lowered planned bonuses by 10 percent for new CEO Alex Gorsky and other top...

Hostess To Ask For Executive Bonuses As Workers Lose Their Jobs

AP/The Huffington Post | Posted 01.29.2013 | Business

NEW YORK -- The future of Twinkies is virtually assured. Hostess Brands Inc. said Thursday that it's in talks with 110 potential buyers for its ico...

Gannett CEO Asks for Lower Bonus, Reduces Her Pay Package to Only $4.6 million

Randy Turner | Posted 05.19.2012 | Media
Randy Turner

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.

As Company Is Collapsing, GateHouse Media Awards $1.4 Million in Bonuses

Randy Turner | Posted 05.13.2012 | Media
Randy Turner

Only a few short weeks after announcing a centralization of layout and copy editing that will cost jobs at its more than 300 newspapers across the nation, GateHouse Media revealed it has awarded hefty bonuses to its top four executives.

Sam Stein

Obama Wall Street Fundraising Evaporates As Donors Flee To Romney

HuffingtonPost.com | Sam Stein | Posted 02.02.2012 | Politics

President Barack Obama has been abandoned by the world of finance. Over the course of the 2012 election, his presidential campaign has received abo...

Jennifer Bendery

Wall Street Executives Thrive Under Obama But Still Won't Support Him

HuffingtonPost.com | Jennifer Bendery | Posted 02.02.2012 | Politics

WASHINGTON -- They bristled when he called them "fat cats." They fought every step of the way, unsuccessfully, to prevent his financial reform bill fr...

Executive Compensation's New Normal: A Missed Opportunity

Ed Lawler | Posted 08.20.2011 | Business
Ed Lawler

Executive pay in the U. S. skyrocketed to reach an all time high in 2010. Looking ahead, we will likely find that the pay distance between executives and the rest of their organizations has gotten even greater.

Walmart CEO Gets A (Small) Pay Cut

AP | By MAE ANDERSON | Posted 06.19.2011 | Business

NEW YORK -- The CEO of Wal-Mart Stores Inc. received a pay package in 2010 worth $18.7 million, a 4 percent dip from the year before, according to an ...

Transocean Execs Get Bonuses For 'Best Year In Safety,' Despite Gulf Disaster

AP | JORDAN ROBERTSON | Posted 06.02.2011 | Business

SAN FRANCISCO — Transocean Ltd. gave its top executives bonuses for achieving the "best year in safety performance in our company's history" &nd...

Regulators May Force Wall Street To Defer Half Of Executives' Bonuses, Wall Street Journal Reports

Reuters | Ben Klayman and Will Dunham | Posted 05.25.2011 | Business

(Reuters) - U.S. regulators will propose that major financial firms defer at least half of bonuses paid to top executives for at least three years...

Budget Chief Nominee Took $900K From Citigroup Post-Bailout

Washington Times | Jim McElhatton | Posted 05.25.2011 | Business

President Obama's choice to be the government's chief budget officer received a bonus of more than $900,000 from Citigroup Inc. last year -- after the...

Why High Pay is Bad for Capitalism

David Bolchover | Posted 05.25.2011 | Business
David Bolchover

Too often, capitalism's strongest supporters defend high executive pay, especially in the finance sector, in the belief that they are upholding the principles of the free market. This is a grave mistake.

Goldman Bonuses Will Be Paid In Company Stock - At Least For Top Execs

Financial Times | Justin Baer, Francesco Guerrera and Tom Braithwaite | Posted 05.25.2011 | Business

Top Goldman Sachs executives are this year likely to receive their annual bonus in stock rather than cash as part of a wider pay review that could aff...

John Mack, Morgan Stanley CEO, To Forgo A Bonus For Third Straight Year

AP | Michael J. Moore and Christine Harper | Posted 05.25.2011 | Business

NEW YORK — Morgan Stanley's outgoing CEO John Mack has declined a bonus for the third year in a row. In a memo sent to the investment bank's em...

Pay Czar Blocks Bank Of America Chief's Pay

AP | STEVENSON JACOBS and VINNEE TONG | Posted 05.25.2011 | Business

NEW YORK — Capping a year in which he faced shareholder fury, regulatory scrutiny and was stripped of his chairman post, outgoing Bank of America Co...

Empower Stockholders To Dictate Executive Salaries

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Headlines shout about overly generous executive compensation packages. Some say it is disgusting, obnoxious and egregious.

Wells Fargo: Cash Bonuses Withheld From Executives In 2009

AP | MARK JEWELL | Posted 05.25.2011 | Business

BOSTON — Wells Fargo & Co.'s four top executives won't get cash bonuses for 2009, but are receiving performance-based stock awards currently wor...

My Late Night Visits from the Ghosts of Financial Outrages Past, Present, and Future

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

With my younger daughter away, I was looking forward to a quiet night in, curled up in bed with a few dozen pieces on the financial crisis I'd cut out from newspapers and magazines. But instead of reading a few and nodding off, I ended up staying up most of the night, getting more and more outraged with each article I read. These days, the business section is not for the faint of heart. READ MORE The Torture Moment The way we respond to the revelations about the Bush administration's use of torture will define the kind of country we are. It is a test of our courage and our convictions. So far, the media are not getting high marks. They can't seem to shake their addiction to looking at every issue through the archaic prism of right vs. left. READ MORE

Coming Clean

Sarah Walker | Posted 05.25.2011 | Comedy
Sarah Walker

It's time. I'm not going to make this harder than it already is, so here it goes: I am a recipient of one of the AIG executive bonuses.

Lame Excuses for AIG Bonuses

Amitai Etzioni | Posted 05.25.2011 | Business
Amitai Etzioni

Public morality falls to a new low-level when outrageous acts are revealed but rather than being soon corrected -- they are excused.

Alexander Hamilton's Scorn: Reflecting on AIG, Goldman, Hank Paulson and Bob Rubin

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

While many are criticizing the gross AIG taxpayer-funded bonuses of senior executives, the truth is that this kind of corruption is relatively small time -- even at $165 million -- and was predictable.

My Virtual Gift List for This Holiday Season

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

Now that you can give crap to people without actually having to give them anything in reality, here is my virtual gift list for this holiday season.