The pay gap between CEOs and their employees has widened over the past half decade, according to an analysis by Agenda of S&P 500 proxy statements.
In 2022, half of all S&P 500 CEOs earned at least $183 for every dollar earned by their company’s typical employee. This value is $16 higher than it was in 2018, when the SEC first required companies to disclose a number representing the ratio between CEO and median employee pay. At the same time, shareholders are increasingly taking issue with boards’ oversight of workforce issues, while recent events like the February court ruling against Tesla CEO Elon Musk’s $56 million pay package has caused some companies to reevaluate their approach to executive compensation.
Compensation committees at S&P 500 companies are increasingly tying annual bonuses to measures beyond financial…
Chip maker Broadcom gave Hock Tan, its chief executive, a $161 million stock award, instantly…
Elon's Musk's $56 billion pay package's upheaval, a hedge fund sanctioned for failing to preserve…
Disclosures about directors' skills and expertise are increasingly coming under the microscope as investors ramp…
On Jan. 1, several of the nation's biggest companies — including Morgan Stanley, Kraft Heinz,…
Large companies have seen significant board turnover in the past several months, capping off a…