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News & Information
News and Information
January 6, 2014 5 Huge CEO Pay Raises of 2013Source: Investor Place
The median 2012 CEO pay package, for example, enjoyed a 16% year-over-year increase … even as the median household income showed no significant change. And that divergence is hardly new; CEO pay has grown 127 faster than worker...
December 30, 2013 France’s Hollande Gets Court Approval for 75% Millionaire TaxSource: Bloomberg
French President Francois Hollande received approval from the country’s constitutional court to proceed with his plan to tax salaries above 1 million euros at 75 percent for this year and next.
December 30, 2013 Activist hedge funds launch fight for right to pay bonusesSource: FT.com
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December 26, 2013 More on CEO Pay and Boards of Directors
Belief.Net - Itâs about corporate strategy and sustainability. And all of those things are what the boards failed to do,â said Nell Minow, a co-founder of îthe Corporate Libraryî and an advocate of...
Nonprofit groups in Massachusetts are paying their chief executives huge amounts of money and giving them lavish perks unavailable to most workers, according to a new report from Attorney General Martha Coakley’s office that...
December 24, 2013 Disney cuts CEO pay, adds Twitter co-founder Jack Dorsey to boardSource: Live Mint
Walt Disney Co. Ltd has slashed chief executive Bob Iger’s fiscal 2013 compensation by 15% with a bonus cut, and named Twitter Inc. co-founder Jack Dorsey an independent board director. Dorsey, widely credited with creating...
December 22, 2013 Oregon Treasurer Seeks Better Transparency About Corporate Executive Pay
TMCnet.com - The largest state trust fund is the îOregon Public Employees Retirementî Fund, which stood at $66.3 billion as of Oct. 31. The Treasurer is the custodian of state funds and also a member of the Oregon...
December 19, 2013 Misleading CEO pay-for-performance numbers targeted by SEC ruleSource: Toledo Blade
The inconsistent measures that companies use to disclose CEO pay is the newest battleground in executive compensation. As the Securities and Exchange Commission works on a rule to require pay-for-performance reports, it also...
December 17, 2013 8 Truly Outrageous CEO Perks: 24/7 Wall StreetSource: Huff Post
CEO compensation, relative to the amount the average American is paid, has skyrocketed in the past few decades. In 1965, the average CEO pay was 18.3 times the average worker pay. By 2012, CEOs made 200 times workers pay.
December 16, 2013 Pope attacks mega-salaries and wealth gap in peace messageSource: Reuters
Pope Francis said in the first peace message of his pontificate that huge salaries and bonuses are symptoms of an economy based on greed and inequality and called again for nations to narrow the wealth gap. In his message for the...
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