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Apple CEO Tim Cook is foregoing about $75 million in payouts tied mostly to the restricted shares he received when he replaced the late Steve Jobs last year. Like other company executives holding restricted shares, Cook was eligible to receive ...
May 25, 2012 at 19:45 | Source: USA Today
NEW YORK -- Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by the Associated Press using data from Equilar, an executive ...
May 26, 2012 at 21:17 | Source: Detroit Free Press
(AP) WASHINGTON - JPMorgan Chase (JPM) CEO Jamie Dimon is being asked to appear before a Senate panel next month to answer questions about the bank's $2 billion-plus trading loss. The Senate Banking Committee on Friday scheduled a June 7 hearing ...
May 25, 2012 at 17:51 | Source: CBS News
The nation’s median salary in 2011 was $39,312. The average CEO pay was $9.6 million. According to a study by the Associated Press, CEOs are being paid more than ever before. The average pay was about 6% compared to 2010 and was the highest ...
May 25, 2012 at 15:21 | Source: The Inquisitr
CAMP HILL, Pa. — Rite Aid Corp. announced Friday that its president and CEO John Standley will also become chairman of its board. Standley has been CEO of the company since 2010 and already served as a member of the company's board of directors.
May 25, 2012 at 21:26 | Source: CBS News
The 20 top-paid CEOs have more than their multimillion-dollar pay packages in common: They’re all men. A roundup of the highest-paid bosses from 2011 in an earlier Wall Street Journal article is a reminder that women are still a rarity in the ...
May 25, 2012 at 16:25 | Source: Wall Street Journal
This year I introduced a weekly series called "CEO Gaffe of the Week." Having come across more than a handful of questionable executive decisions last year when compiling my list of the worst CEOs of 2011, I thought it could be a learning ...
May 25, 2012 at 14:30 | Source: Daily Finance
ST. LOUIS -- St. Louis Blues CEO Mike McCarthy is stepping down, not long after new ownership finalized its purchase of the franchise. McCarthy is a founding partner of SCP Worldwide, which purchased the team and the Scottrade Center in June ...
May 26, 2012 at 08:03 | Source: ESPN
Apple CEO Tim Cook is turning down a payout worth approximately $75 million. Neither Cook nor Apple publicly gave a reason for the move. So hey, why did Cook walk away from such a big pay day? Since taking over as CEO of Apple in 2011, Cook has assembled ...
May 25, 2012 at 17:29 | Source: The Christian Science Monitor
NEW YORK – Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive ...
May 24, 2012 at 23:57 | Source: USA Today