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News & Information

News and Information

April 24, 2015 Google’s Schmidt, Kordestani Get $130 Million Combined 2014 Pay

Source: Bloomberg

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 Capitalism

Source: 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.

April 20, 2015 HSBC to face investors' anger over scandals and bumper executive payouts

Daily Mail - Ahead of the AGM, corporate governance group îPensions & Investment Research Consultantsî has urged investors to vote against Fairhead's re-election as an independent director after her role in...

April 15, 2015 US CEO pay rose nearly 13% in 2014: ISS

Source: Business Times

US chief executives' median compensation rose nearly 13 per cent in 2014, mainly driven by increases in pension value, according to advisory firm ISS. The median pay for CEOs in the Connecticut area rose the most at 38.7 per...

April 15, 2015 Best boss in America? CEO raises firm's minimum wage to $70k after reading study on happiness

Source: Telegraph

The boss of a technology start-up in Seattle shocked his employees by announcing he was taking a massive pay cut in order to raise the salaries of the firm's lowest-paid staff.

April 14, 2015 Glassdoor: These Are The 15 Highest Paying Companies in America

Source: Bloomberg

If you want a starting, all-in salary of $140,000 or more, you might want to look at these companies, according to a new report from online career community Glassdoor. The list of 15 firms is dominated by the technology,...

April 2, 2015 U.S. says HSBC must do more to improve compliance

Source: Reuters

HSBC Holdings Plc is making progress toward cleaning up its operations, after reaching a $1.92 billion settlement of charges related to money laundering, but has not done enough, the U.S. Department of Justice said on Wednesday.

April 2, 2015 Why Morgan Stanley CEO's $23.5 million payday is bad news

Source: Fortune

James Gorman, CEO of the banking giant, got a big raise last year while his peers got little or nothing. For Morgan Stanley’s CEO James Gorman, playing it safe is clearly paying off.

April 1, 2015 Here's How Top Female Executives End Up Getting Paid Less Than Men

Source: Bloomberg

A researcher at the Federal Reserve Bank of New York and colleagues in academia are out with a new paper on gender differences in compensation for executives. They analyzed pay for chairs/chief executive officers, vice chairs,...

April 1, 2015 UBS publishes agenda for the first Annual General Meeting of UBS Group AG

Source: Business Wire

Shareholders at this year's UBS Group AG Annual General Meeting (AGM) in Basel will for the first time be able to decide on compensation for members of the Board of Directors (BoD) and Group Executive Board (GEB). In addition,...

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