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News & Information
News and Information
Goldman Sachs Group Inc. shareholders approved the company’s pay plan for top leaders including Chief Executive Officer Lloyd C. Blankfein as the firm held its annual meeting in San Francisco for the first time.
Source: Columbus Business Journal
JPMorgan Chase & Co. shareholders approved executive pay proposals Wednesday in a narrow vote at the company’s annual meeting in Detroit.
Source: Washington Post
The pay package of JPMorgan Chase CEO Jamie Dimon came under scrutiny again on Tuesday, at the bank's annual shareholder meeting. Shareholders still decided to approve it, but the results were much narrower than usual.
Source: NY Times
It’s been five years since the Dodd-Frank law required that companies let investors vote on their executive pay practices. The idea, lawmakers said, was to give shareholders a chance to sound off when compensation plans are not...
May 6, 2015 In a down year, hedge fund CEOs did just fineSource: CBS Money Watch
The top 25 hedge fund managers earned an eye-popping $11.6 billion in compensation in 2014. However, that was only about half as much as they earned the prior year and roughly in line with their pay at the height of the financial...
Source: Journal of Accountancy
New rules proposed by a divided SEC on Wednesday would require public companies to disclose the relationship between executive compensation and the company’s financial performance
Asked whether they earn more or less than they expected when they decided to pursue a finance career, 48 percent of respondents in the Bloomberg Markets Global Poll say compensation is less or much less than they had hoped for....
Source: Washington Post
As she announced her presidential campaign, former secretary of state Hillary Rodham Clinton criticized executive compensation, suggesting that executives are paid too much at a time when median wages have barely budged. ...
Google Inc.’s Chief Business Officer Omid Kordestani and Executive Chairman Eric Schmidt joined the Bloomberg Pay Index after being awarded almost $130 million in 2014.
April 22, 2015 Caterpillar’s CEO Just Got A Big Raise, And It Explains What’s Wrong With American CapitalismSource: Think Progress
Heavy machinery manufacturer Caterpillar gave its CEO a 14 percent raise last year, in a $17.1 million package of cash, stock, and other compensation that is hard to justify in light of the famed brand’s actual performance.
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