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Bernie Sanders Proposes Tax Hike For Companies With High CEO Pay Ratios: 'Americans...Outraged By Extreme Gaps'
Monday, January 22, 2024 - 8:45pm | 707Sen. Bernie Sanders (I-Vt.), along with a group of Democratic lawmakers, is reportedly spearheading a bill proposing an increase in taxes for companies that pay their CEOs 50 times more than their median worker. What Happened: The Tax Excessive CEO Pay Act has been introduced to mitigate corporate...
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Apple CEO Tim Cook Gets $750M In Shares From iPhone Maker And Cashes Them Out Almost Immediately
Friday, August 27, 2021 - 4:30am | 356Apple Inc. (NASDAQ: AAPL) CEO Tim Cook received more than five million shares in the technology giant this week as part of a compensation package but sold most of the stock immediately for more than $750 million. What Happened: Cook received 5.04 million shares on Tuesday as the final part of a...
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Palantir CEO Saw Compensation Rise Nearly 9,000% In 2020
Friday, April 30, 2021 - 1:48am | 390Palantir Technologies Inc (NASDAQ: PLTR) CEO Alexander Karp was paid $1.10 billion last year for his service to the data analytics company. What Happened: The compensation included $797.9 million in stock options and $296.4 million in stock awards — a hike of 8,990.9%. In 2019,...
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The Most Overpaid CEOs In S&P 500 Companies That Largely Underperformed The Market
Friday, February 24, 2017 - 10:56am | 1004CEO pay surged by 943 percent in less than years, a study from the Economic Policy Institute revealed last year. This means that compensation rose at a much faster pace than inflation, the cost of living, economic productivity and even the stock market. In addition, the research note explicated,...
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2017's Key Events
Friday, December 30, 2016 - 12:26pm | 372Friday's trading session is the last one of 2016 which means its time to start planning out 2017. Here is Bloomberg's compilation of key events investors and traders should probably set in their calendars. January January 20: President-elect Donald Trump will be sworn in as U.S....
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Williams-Sonoma's CEO 2011 Compensation Drops 32%
Monday, April 9, 2012 - 5:39am | 63Total value of her compensation for Williams-Sonoma Inc's (NYSE: WSM) Chief Executive Laura J. Alber dropped 32% last year to $9.2 million, according to a filing with the Securities and Exchange Commission. Alber received a base salary of $1.2 million, up 22% versus the year-ago period. However,...
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Top Ten Highest-Paid CEOs
Friday, July 1, 2011 - 4:28pm | 427Life is good at the top, isn't it? In a time when millions of Americans are unemployed and millions more are vastly underemployed, the very top of the food chain — corporate CEOs — raked in some pretty ridiculous cash. How ridiculous? You could take the top 299 CEOs most recent compensation and,...