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…
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. Zaslav’s compensation package is the highest CEO pay reported by any S&P 500 company so far…
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…
State Street Global Advisors’ (SSGA) CEO Cyrus Taraporevala is ramping up expectations for companies to boost disclosures and update strategies on board and employee diversity as well as climate change this year. Taraporevala’s letter to board members on the firm’s 2022 proxy voting agenda, released this month, warns that the firm will vote against directors…
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,…
For years, the debate over whether companies pay wages high enough to keep workers above the poverty levels has grown louder and louder. The fruits debate of this includes increases in minimum wages in many states. Additionally, companies like Amazon.com and Walmart have bumped up their lowest hourly pay in an attempt to address the…
2020 will go down in the corporate annals as the year of the CFO. That’s a bold pronouncement, but at a time of extraordinary economic uncertainty during a literal existential crisis, CEOs of private companies (and publicly traded ones, too) turned to the professional knowledge and judgment of their CFOs to plan, manage and direct…