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News & Information
News and Information
May 20, 2014 Target gives ex-CEO $16M severance packageSource: NY Post
Target’s former CEO took a steep pay cut in his final year — but he’s not going to starve. Still smarting from its embarrassing holiday credit-card data breach, Target said Monday it slashed Gregg Steinhafel’s 2013 compensation...
Source: WGHP TV
For the first time, total annual compensation reached at least $10 million for each of the Top 10 best-paid company executives with ties to the Triad. All but one also received a base salary of at least $1 million in fiscal...
May 16, 2014 Chipotle's exec comp plan rebuked by shareholdersSource: USA Today
Shareholders at Chipotle Mexican Grill have voted overwhelmingly to reject the way the fast-food company compensates its senior executives. More than 75% of shareholders voted against ratifying the current executive compensation...
May 15, 2014 Doubling Down on C.E.O. PaySource: NY Times
In an era of what many perceive as outsize executive compensation, it’s not unusual for a successful public company to lavish its chief executive with a multimillion-dollar pay package. But what happens when there are two chiefs?
May 14, 2014 Morgan Stanley shareholders approve executive paySource: Financial News
Morgan Stanley shareholders approved the investment bank's 2013 executive compensation plan by a wide margin in a meeting that ended without a single question from the audience.
Source: The Economic Times
Struggling electronics giant Sony will not pay bonuses to senior executives for the third straight year, the Japanese company said Tuesday, as it braces for another disastrous earnings showing. The move means that President Kazuo...
April 27, 2014 CEOs Staying In Their Jobs Longer
Forbes - Fewer CEOs got fired last year. Thatâs the finding of a new study by New York research non-profit îThe Conference Boardî, which combed through press reports to compile its data. Two Conference Board...
Chief executives of companies in the Standard & Poor’s 500-stock index made an average $11.7 million last year. The average production and nonsupervisory worker: $35,239. That means CEOs are paid 331 times the average worker,...
April 24, 2014 Buffett Disapproves of Coca-Cola's Pay PlanSource: ABC News
Warren Buffett says he disapproves of Coca-Cola's highly contested pay plan for its executives. Buffett, whose company is the beverage maker's largest shareholder, called the plan "excessive" in an interview on CNBC after it was...
April 24, 2014 Ex Wal-Mart CEO's deferred pay: $140 millionSource: USA Today
Departed Wal-Mart CEO Mike Duke's deferred pay should provide enough money to shop beyond discount retailers for many years. Duke, who retired Jan. 31, had $140.1 million in deferred compensation at year's end, Wal-Mart said...
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