Bank of America Corp. greenlighted a $26.5 million pay package for its top executive in 2019 after the bank’s shares marked their best run in years. Brian Moynihan is set to receive compensation that matches the preceding year’s package. His pay includes a $1.5 million base salary and $25 million worth of restricted stock, the bank said…
When a CEO exits unexpectedly, the vacancy leaves room for someone to step up and prove his or her worth to the company. Their worth, as it turns out, is about $1.6 million, on average, for an “interim CEO-ship” among those in the Russell 3000, according to public company intelligence provider MyLogIQ. There have been 140…
Oldest Non-Founder CEOs in the S&P 500 – While it is routine for founders to serve as CEOs well into their 70s and 80s, we’ve found that it’s also not uncommon for non-founder CEOs to man the helm well past standard retirement age. Chart 1 with data from the CompanyIQ® database has the details for…
The merger of Viacom Inc. and CBS Corp. will be lucrative for the top executives of both companies. Viacom Chief Executive Bob Bakish, who will become president and CEO of the combined company, ViacomCBS, has signed a new contract ending four years after the deal closes. The contract lists salary, bonuses and other incentives worth about $31 million…
One-time stock awards for CEOs in fiscal year 2018 are up, compared to the previous two years. According to data from analytics firm MyLogIQ, in 2018, the largest one-time stock awards in the S&P 500 went to Oracle’s co-CEOs Safra Catz and Mark Hurd, each of whom received special awards of nearly $104 million — almost seven times the next-largest…
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…