CEO Pay By The Numbers..How Big Were Last Years Raises: PalmBeachPost.com
http://www.palmbeachpost.com/business/ceo-pay-the-numbers-how-big-were-last-year-raises/2jWVKzcu4fR3z3goDUcjBO/Warning:...kind of obscene ...but no sexual references of any kind. this is about ...money...!!!!
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The bump reflects how well stocks have done under these CEOs' watch. Boards of directors increasingly require that CEOs push their stock price higher to collect their maximum possible payout, and the Standard & Poor's 500 index returned 12 percent last year.
Over the last five years, median CEO pay in the survey has jumped by 19.6 percent, not accounting for inflation. That's nearly double the 10.9 percent rise in the typical weekly paycheck for full-time employees across the country.
Here are some other highlights from the AP's annual package of stories on CEO pay, which was published this past week. To see the full roundup, please visit apnews.com/tag/SpecialReport:CEOpay
The top-paid CEO last year was Thomas Rutledge of Charter Communications, at $98 million. The vast majority of that came from stock and option awards included as part of a new five-year employment agreement, and Charter's stock will need to more than double for Rutledge to collect the full amount.
No. 2 on the compensation list last year was Leslie Moonves of CBS, who earned $68.6 million. No. 3 was Walt Disney's Robert Iger, who made $41 million. The media business is full of big paychecks, where actors and other employees far from the executive suites can make millions of dollars, and the industry's CEOs have traditionally pulled down some of the country's biggest packages.
radical noodle
(8,000 posts)They keep raising the compensation to attract the people they want. It really IS obscene.
Stuart G
(38,414 posts)Let's say, he works 48 weeks a year, with 4 weeks off for vacation....that is about 2.1 million a week..
or about $420,000 a day....If he works a 8 hour day..(who the hell knows???)
...........that is $50,000..an hour..(give or take some).....what can one say..I never made that much in a year...
.........................time to hide..............................see you later.........
radical noodle
(8,000 posts)I had more time off than that as the controller of a small privately held company. Of course, I didn't make anything near that much money.
Stuart G
(38,414 posts)Don't know??.....................you will never guess.....her contract..47 million a year...(yes, she is a she)
hint: daytime TV...no not Ellen ...guess again......don't know...hit the following link:
https://www.yahoo.com/tv/judge-judy-sets-high-benchmark-tv-salaries-154551429.html
Now..if the link above is correct, and she works 52 days a year taping the shows..that is about $900,000..a day..
I guess that is also obscene..