When firms are in trouble, it’s not unusual for CEOs to cut their own salaries. As the pandemic wreaked havoc on the economy, many executives opted to receive smaller wages. Whether this helps the com...
Tag: CEO Pay
The SEC’s New Rules Don’t Really Fix Pay For Performance Disclosure
I propose a simpler alternative. Check the buy and hold return of an average Joe shareholder who bought stock on the grant date of CEO’s stock/option grant and sells such equity on the vesting date. C...
CEOs Made 324 Times More Than Their Median Workers In 2021, Union Report Finds
Topline Chief executives at S&P 500 companies made 324 times more than the median workers at their companies in 2021 on average, according to an annual report from the U.S.’ largest labor union fe...
CEOs Like the Late Jack Welch Embody the Endless Possibilities of Capitalism
When he was CEO of Coca-Cola, the late Roberto Goizueta was obsessively focused on making his shareholders rich. There was no talk of “stakeholder capitalism,” about Coke’s community endeavors, or job...