Brian Niccol, Starbucks’s chief executive and chairman, started work at the world’s largest coffee chain last September. He has already been awarded about $96 million, the company said Friday. Niccol’s compensation, detailed in a securities filing, includes buyouts of Chipotle Mexican Grill shares awarded during his six-year tenure leading that chain. While Niccol earned $61,538…
Using our CompanyIQ® compensation database, we analyzed the top pay elements of S&P 500 CEO compensation based on the 368 2021 year-to-date (YTD) proxies released as of 4/18/22. With nearly three-quarters of companies reporting, we looked at the following three elements of CEO pay as well as total compensation and found that: The average S&P…
Archer Aviation Inc. is years from producing its only planned product, a four-passenger electric air taxi that the main U.S. regulator hasn’t yet certified. It hasn’t generated any revenue. Still, the co-founders of this three-year-old company got a huge payday last month, a $99 million special stock award that stands to quadruple if Archer hits other milestones—thanks to a…
Hundreds of U.S. companies reduced salaries for their chief executives as the coronavirus pandemic swept across American business, a reversal for a group of leaders that until this year has ridden a bull market to record compensation. Big-company CEOs had their richest paydays ever in 2019, a Wall Street Journal analysis shows. But in March…
With nearly one in five S&P 500 companies cutting executive pay in response to the COVID-19 pandemic, CEO compensation remains a topic of significant ESG attention. While we wait to see if the pandemic pay cuts have any long-term impact on executive compensation in 2020 and beyond, we do know that CEO pay in 2019…
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…
Les Moonves, the former CEO of CBS who was ousted last month over multiple accusations of sexual harassment, turned out to be the fifth highest paid CEO in the U.S. in 2017, according to the latest review of CEO salary data by nonprofit research group Conference Board in partnership with Gallagher and MyLogIQ. Moonves, 68, earned $69.3…
Stock awards have become a key compensation vehicle used by boards in their efforts to better align pay and performance for the long term, almost entirely replacing stock options. It is one of the main findings from a new report, CEO and Executive Compensation Practices: 2018 Edition, a collaboration by The Conference Board, Gallagher, and…