by Catherine Mulbrandon
in Other
From a USA Today article
CEOs pulled in median compensation of about $14 million in 2004, up 25% from 2003, according to a USA TODAY analysis of the largest public companies filing annual proxies through March 25. Compensation includes salary, bonus, incentives, stock awards, stock-option gains and potential returns from fresh option grants. Data were provided by executive-pay-tracker eComp Data Services.
If you remember from my post on the income reported by President and Vice President, $14 million is greater than both of them put together. Also this means that over half of the CEOs of the largest public companies are in the Top 0.01%.
by Catherine Mulbrandon
in Other
A list of highest paid CEOs, according to Forbes, based on their salary and bonus, vested restricted stock grants and the value realized from exercising stock options during the just-concluded fiscal year.
The number 1 CEO is:
Terry S Semel
Total Compensation: $230.6 mil (#1)
Terry S Semel has been CEO of Yahoo (YHOO) for 4 years. Mr. Semel has been with the company for 4 years . The 62 year old executive ranks 1 within Software & Services
by Catherine Mulbrandon
in Other
A New Way To Be Underpaid
A little article I found on Forbes.com It explains how anyone can feel underpaid. Just depends on who you compare yourself to. And what method you use to calculate your true worth.
Here’s how it goes: General Electric (nyse: GE – news – people ) has about $750 billion in assets. If its CEO was paid like a hedge fund manager–who typically takes at least 1% of the assets and 20% or more of the profits–he would be paid $750 million–oops, it should be $7.5 billion!–just for showing up, plus a bonus if there was any profit. So what is GE chief Jeffrey Immelt doing being paid just $12.6 million
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