The boss of Roblox Corp. received a pay package that the videogame company valued at $233 million last year, instantly putting him in the ranks of the country’s top-paid chief executives, a Monday Securities filing showed. David Baszucki, co-founder and chief executive officer of Roblox, had received just $6.8 million in 2020. Most of his…
Compensation for chief financial officers rose 9% in 2021 compared to the prior year, as CFOs helped their companies navigate the ongoing economic effects of the pandemic, including a tight labor market, backlogged supply chains and higher inflation. Finance chiefs at S&P 500-listed companies last year made $4.7 million in median compensation, continuing an upward…
Pay increases for U.S. chief executives have gained steam, putting compensation on pace to set a record amid a tight labor market that is also driving pay higher for many of their workers. Median pay rose to $14.2 million last year for the leaders of S&P 500 companies, up from a record $13.4 million for…
The highest-paid executive in Hollywood last year isn’t a studio chief or a venture capitalist. It is Ari Emanuel, the chief executive of Endeavor Group Holdings Inc., the agency which he co-founded nearly three decades ago. Mr. Emanuel’s 2021 pay package, revealed this month in Endeavor’s first-ever annual report as a public company, is valued…
Discovery Inc Chief Executive David Zaslav received total compensation valued at $246.6 million in 2021, including nearly $203 million in options grants, more than sextupling his compensation from the year before, the company said in a securities filing Monday. Mr. Zaslav’s compensation package is the highest CEO pay reported by any S&P 500 company so…
WSJ columnist Jason Zweig used CompanyIQ® SEC Form N-CSR data to look at how portfolio managers discuss macro market risks in the latest edition of “The Intelligent Investor” newsletter. Good afternoon. What’s up? This year, not much — except volatility. The Cboe Volatility Index, or VIX, often called Wall Street’s “fear gauge,” is up…
TikTok stars are dancing their way to the bank. Some are making more than America’s top chief executives. Charli D’Amelio, who started posting videos of herself dancing on TikTok in 2019, brought in $17.5 million last year, according to Forbes, which recently ranked the highest-earning TikTok stars of 2021. With 133 million followers on TikTok,…
A Democratic proposal to tie taxes for big companies more closely to their financial accounting could distort public financial disclosures, inject politics into accounting rule-making and complicate financial reporting for large companies, according to accounting and tax experts and investors. The proposal, which passed the House by a seven-vote margin on Friday, is intended to…
Archer Aviation Inc. is years from producing its only planned product, a four-passenger electric air taxi that the main U.S. regulator hasn’t yet certified. It hasn’t generated any revenue. Still, the co-founders of this three-year-old company got a huge payday last month, a $99 million special stock award that stands to quadruple if Archer hits other milestones—thanks to a…
Employees of Costco Wholesale Corp. (COST 0.45%) and Home Depot Inc. (HD -0.20%) saw demand for their services swell last year as homebound Americans stocked up on food and remodeled their homes. But Costco’s median worker made 16% less in 2020 than in the previous year while Home Depot’s made 21% more. The divergence doesn’t mean one chain paid better than the other. It reflects…