Average Fortune 500 CEO Annual Pay Now > $15 Million. A YEAR. “A Walmart employee earning the company’s median salary of $19,177 would have to work for more than a thousand years to earn the $22.2 million that Doug McMillon, the company’s chief executive, was awarded in 2017.” –“Want to Make Money Like a C.E.O.? Work...Read More
WSJ Obituary: “RJR chief’s exploits helped push boards to be more vigilant” “F. Ross Johnson is mainly remembered for the fleet of corporate jets that ferried him to celebrity golf events and other luxurious perks he awarded himself as CEO of RJR Nabisco Inc. . . . Yet the Canadian-born executive may have done some...Read More
United Healthcare CEO’s “Below Average” Compensation If you’d bought $1,000 of stock in United Healthcare a decade ago, and held on through the ensuing roller coaster, you’d have $6,400 today. Nice. But not nearly as nice as CEO Stephen Hemsley made out. According to yesterday’s Star Tribune: UnitedHealth Group Inc. CEO Stephen Hemsley took home $48.8...Read More
“I Gave (and Gave) at the Office” It’s awfully hard to buy the line that banks may not have — ahem — strictly complied with the letter of the law in foreclosing upon hundreds of thousands of homes because they were understaffed. Let’s see . . . Take the staggering compensation earned by guys like...Read More
