Wall Street companies delivered significant losses to their shareholders last year, but the pain didn’t spread to the top. The chiefs of banking and financial institutions in the S&P 500 received a median raise of 8.5% last year, compared with 5.6% for CEOs in the broader index, according to a Wall Street Journal analysis. Meanwhile, firms…
CEO pay has become a bone of contention between the boards of some public companies and their shareholders. How can a CEO be worth tens of millions of dollars, some investors ask, no matter how good earnings are? Boards argue that the best CEOs are in short supply, and need to be paid sums that…
The typical S&P 500 company pays its chief executive officer more — typically 2.7 times more — than its next four named executive officers, or NEOs. But not always. Agenda commissioned research firm MyLogIQ, which crunches data from SEC filings, to analyze the largest S&P 500 companies at which an NEO received more compensation than the CEO…
Media titans came under heavy scrutiny in 2018 for their business practices and deal making, but they were well-compensated for their trouble. The S&P 500’s communication-services sector, a group that includes Facebook Inc., Walt Disney Co. and AT&T Inc., posted a median CEO pay of $22.6 million in 2018, according to a Wall Street Journal analysis, higher than any other sector and more…
PayPal Holdings Inc.’s PYPL -1.79% Daniel Schulman collected a pay package totaling $37.8 million in 2018, making him one of the highest-paid bosses in the S&P 500. But for Mr. Schulman and many of his fellow CEOs in the software industry, big paydays were backed by healthy returns. Most companies selling software and related services thrived last year, with…
CEOs have done pretty well for themselves in 2019. Data from multiple compensation consultancies share one consistent finding: Pay is up. … MyLogIQ’s data, for instance, shows that median CEO total direct comp was roughly $12.5 million for the S&P 500 and around $5.1 million for the Russell 3000. Pay Ratios Meanwhile, in the second…
Investors appear to be narrowing their scope when it comes to shareholder resolutions involving the right to call special meetings, experts say. Fewer proposals have been introduced this year, but those that have gone to a vote have seen a higher rate of support, suggesting that investors are targeting companies where they think they may…
Boards are granting compensation increases to non-executive chairs and lead directors as both roles grow increasingly more complex and, more broadly, as governance processes and board quality take center stage with investors. An analysis from SEC filings analyzer MyLogIQ shows that such companies as CIT Group, Insperity, International Flavors & Fragrances, Kroger, Old Dominion Freight Line, Penske Automotive Group , Sientra and Verint Systems have granted pay raises to lead directors…
The list of the top-10 biggest spenders on aircraft perks added a new member to its ranks: Facebook COO Sheryl Sandberg. In 2018, Sandberg’s pay package included nearly $909,000 in aircraft perks, according to SEC filings analyzer MyLogIQ. She ranks fourth on Agenda’s list of top-10 air travel spenders in the S&P 500. First on the list is, once again, Mark Zuckerberg, Sandberg’s boss….
When he became chief executive of power-generation company NRG Energy Inc. more than three years ago, Mauricio Gutierrez said his selection raised eyebrows. One reason: He is younger than most executives running S&P 500 companies. “I’m an outlier,” the 48-year-old said. “People take notice.” At America’s largest companies, chief executives under 50 are still a relative rarity. A Wall Street Journal…