CEO Pay Surges Nearly 15% During Pandemic
CEO pay surged in 2020, a year of historic business upheaval, a wrenching labor market for many workers and unprecedented challenges for many leaders.
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Hanging Around: More 65+ CEOs Stay On the Job
Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co. could be placed under new leadership as their current chief executives eye their exits. Overall, more than one in 10 CEOs at S&P 500 firms have already hit the traditional retirement age. And another nearly 15% could reach age 65…
Boards Looking for ‘Soft Skills’ in New Crop of CEOs
On Jan. 1, several of the nation’s biggest companies — including Morgan Stanley, Kraft Heinz, Sherwin Williams and Costco — welcomed new CEOs. In all, new chiefs took over at a dozen S&P 500 companies on New Year’s Day, according to data from public company intelligence provider MyLogIQ. A handful of new CEOs will start…
Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers
Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job market helping to lift paydays for many bank tellers, factory workers and software programmers. Compensation in 2021 for the median worker at 275 companies in the S&P 500 index was higher…
How Much Do Top CEOs Make? (Way More Than You)
In the 12 months through March, average hourly earnings soared 5.6% for American workers. Things are going especially well for chief executives. Median pay for CEOS of S&P 500 companies climbed 6% to a record $14.2 million last year from the previous high of $13.4 million a year earlier, according to The Wall Street Journal,…
CEO Pay is Skyrocketing as the Average Worker Struggles to Keep Up With Inflation
The rich got richer in 2021, as the median pay for the nation’s CEOs is on pace to set a record this year, up a whopping 19% over the year before. Just one year after many CEOs took pay cuts amid the worst of the coronavirus pandemic, median pay rose to $14.2 million last year…
Roblox Awards CEO Pay Package Valued at More Than $230 Million
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…
