iOS app Android app

Executive Compensation

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 ...

Executive Pay Soars In 2010

nytimes.com | DANIEL COSTELLO | Posted 06.10.2011 | Business

HAPPY days are back -- in the corner office, at least. In just nine months, Philippe Dauman of Viacom was paid $84.5 million, more than any other C...

U.S. Pay Czar Approves High-Level Pay Structure At AIG, GM, Ally

Posted 06.09.2011 | Business

The U.S. pay czar will allow bailed-out firms American International Group (AIG.N), Ally Financial and General Motors (GM.N) to be flexible with the...

JPMorgan Chief Gets $19 Million Raise

Posted 06.08.2011 | Business

NEW YORK (By By Clare Baldwin and Jonathan Stempel) After piloting the No. 2 U.S. bank through the financial crisis relatively unscathed, JPMo...

Green News Report: April 5, 2011 (Audio)

Brad Friedman and Desi Doyen | Posted 06.05.2011 | Green
Brad Friedman and Desi Doyen

TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S RADIO REPORT: Breaking:...

Wall Street May Allow Shareholders To Vote On Executive Pay

Reuters | Posted 06.01.2011 | Business

Morgan Stanley, Goldman Sachs and JPMorgan Chase & Co will soon join Citigroup and Bank of America Corp in allowing shareholders to vote on executiv...

Wells Fargo CEO Pulls In $17.56 Million

AP | Posted 05.25.2011 | Business

NEW YORK — John Stumpf, the CEO of Wells Fargo & Co., received compensation valued at $17.56 million in 2010, a 6 percent decrease from 2009, accord...

For Big Company CEOs, Cash Bonuses Are Back

The Huffington Post | Posted 05.25.2011 | Business

Big bonuses are back at some companies. Bonus pay at 50 major corporations gained 30.6 percent last year, a jump of $43 million, the Wall Street Jo...

Rock Star Superintendents: Are They Overpaid?

Justin Snider | Posted 05.25.2011 | Education
Justin Snider

They command six-figure salaries. No, we're not talking rock stars, pro athletes or even pro coaches. We're talking school superintendents.

BP Not Giving Most Execs Bonuses

AP | JANE WARDELL | Posted 05.25.2011 | Business

LONDON — BP is blocking bonuses to executives who were responsible for operations in the Gulf of Mexico during last year's disastrous well blowo...

Wall Street's Average Bonus Falls, But Still Sky-High

Posted 05.25.2011 | Business

NEW YORK -- Wall Street paid an average cash bonus of $128,530 in 2010, down 9 percent from the previous year, as financial reforms prompted a shi...

'Pay Czar's' Rules Had Few Lasting Effects, Watchdog Says

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — The government's restrictions on pay at bailed-out banks had little lasting impact because officials soft-pedaled some issues and d...

Wall Street Compensation Lawyer: 'I Have Friends Who Blame Me For The Crisis'

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Don't blame record levels of Wall Street pay for the financial crisis, one high-powered lawyer tells the Wall Street Journal. In an interview with ...

As Wall Street Pay Hits Record Highs, Shareholders Want Their Say, Often

Lisa Gilbert | Posted 05.25.2011 | Business
Lisa Gilbert

As Wall Street continues to churn out big compensation and shareholders vote for more frequent opportunities to speak out, we can expect continued attention on the risky pay practices of big companies.

Citigroup CEO No Longer Earning $1 Per Year

AP | CANDICE CHOI | Posted 05.25.2011 | Business

NEW YORK — Citigroup Inc. is giving its CEO a big raise. The New York-based bank is lifting Vikram Pandit's base salary to $1.75 million from jus...

Stop the Big Bank Bonus Deja Vu

Lisa Gilbert | Posted 05.25.2011 | Business
Lisa Gilbert

Ordinary Americans continue to suffer from foreclosures, unemployment, and cuts in public services, as the largest banks take in the nation's wealth and prepare to use it to award massive bonuses to the bankers that crashed our financial system.

Salary - Chicken and the Egg

Fred Whelan and Gladys Stone | Posted 05.25.2011 | Business
Fred Whelan and Gladys Stone

Pete was laid off from a position he had been in for 15 years. The good news was he had an interview next week and just needed a little advice on int...

Barclays CEO: Time For Banks To Apologize Is Over

AP | ROBERT BARR | Posted 05.25.2011 | Business

LONDON — The time for apologies from banks is over, the chief executive of Barclays said Tuesday as he defended the large bonuses earned by some in ...

Ryan Grim

Half Of Bank Pay Could Modify Every Underwater Mortgage

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Wall Street banks are on pace to pay out some $143 billion in compensation for 2010, just shy of their record year of 2007. But given the widespread l...

Separated at Worth

Marian Salzman | Posted 05.25.2011 | Business
Marian Salzman

This is the eighth in a series of 12 posts expounding on the 2011 forecasts in the annual trends report from Salzman, president of Euro RSCG Worldwide...

Goldman Sachs Executive Compensation Lowest In A Decade

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Even as Wall Street overall is set for a record-high payday, Goldman Sachs cut its employees' pay this year to the lowest level in more than a decade,...

Wall Street Reform Bill Gives Regulators Power Over Pay -- Will They Use It?

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011 | Business

That largely overlooked provision of the law gives federal agencies expanded powers to write regulations dictating pay at financial firms. How they ch...

Wall Street Bonuses Expected To Rise This Year

abcnews.go.com | Jonathan Spicer | Posted 05.25.2011 | Business

Wall Street bonuses likely will rise this year, despite the regulatory cloud hanging over compensation, as the financial sector recovers from recessio...

Despite New Regulations, Wall Street Pay May Break Record -- AGAIN

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Wall Street is on track to pay its employees $144 billion this year, breaking a record for the second year in a row, the Wall Street Journal reports. ...

FDIC Ready To Sue Executives From Failed Banks, Seeking Over $1B

Huffington Post | William Alden | Posted 05.25.2011 | Business

The Federal Deposit Insurance Corporation is poised to sue over 50 executives from failed banks, Bloomberg News reports. The potential lawsuits would...