Nearly two-thirds of chief executives at S&P 500 firms earled less in 2022 than they were originally awarded, according to new data. …According to the Wall Street Journal, which analyzed data tabulated by public company intelligence provider MyLogIQ, while the lion’s share of S&P 500 CEOs lost money from when their pay was issued last…
The stock awards that Elon Musk got for running Tesla lost nearly $10 billion in value last year. Stock declines erased $237 million in compensation for Expedia’s boss and roughly $149 million for Amazon.com Chief Executive Andy Jassy. …The numbers show that in 2022 about two-thirds of the top executives at S&P 500 companies ended…
It is the time of year when all major U.S. public companies have filed their 2022 proxies. At least, that is true for corporations that operate on a calendar year, which most do. As usual, a group of CEOs made over $100 million. One, however, only made $1, according to AI-driven SEC data company MyLogIQ….
Netflix, battered last year by a slowdown in its business, briefly had two CEOs. One was founder Reed Hastings. The other was his hand-picked partner Ted Sarandos. Hastings has stepped down recently. However, each made about $50 million last year, an extraordinary sum for executives at a troubled company. Hasting made $51,073,237 in 2022, according…
CEO compensation has been the subject of controversy for years. Many people working for large companies and investors in these companies object to chief executive pay, which often reaches tens of millions of dollars a year. Boards of these companies argue that outstanding CEOs are hard to find. If they are not paid well, they…
Using CompanyIQ executive compensation data, Gallagher reviewed CEO pay data trends in its annual report. Throughout 2021 and into 2022, compensation committee agendas remain in flux as companies continue to respond to fluctuating market effects on business operations, workforce health, supply chain and overall organizational wellbeing. To help make sense of the numbers, Gallagher’s CEO…
Once extremely rare, there has been a significant increase in CEO pay packages of more than $100M in the last two years among Russell 3000 (R3000) companies. These mega executive compensation deals were almost non-existent just five years ago, with none in 2012 to a high of 16 in 2020. Over the past decade, the…
Fifteen pharma and biotech CEOs made more than $25 million in 2021 according to data provided exclusively to Business Insider from the research firm MyLogIQ. 2021 was a boom time for pharma, with record levels of IPOs and funding. CEOs also took advantage, bringing in pay packages as high as $380 million for the year.
Using the CompanyIQ® executive compensation database, we examine executive pay, including a breakdown of equity and CEO pay ratios, in the biopharma industry. Specifically, we analyzed a CompanyIQ® dataset for fiscal year 2021 that included all Value Reporting Foundation (VRF, formerly Sustainability Accounting Standards Board—SASB) designated companies in the Biotechnology & Pharmaceuticals industry within the…
Big U.S. companies are doling out one-time awards to executives in an effort to retain high-performing leaders amid record employee turnover and reward them for managing through a couple tough years. Retention awards, provided in addition to standard compensation plans, are a focus of companies’ pay disclosures this year as concerns about the tight labor…