#CEO pay jumps more than 15% as post-pandemic bonuses surge

#CEO pay jumps more than 15% as post-pandemic bonuses surge

“CEO pay jumps more than 15% as post-pandemic bonuses surge” Compensation for chief executives jumped 15.7% last year — driven mainly by huge bonus payouts as corporations recovered from the pandemic, according to a new study. The survey from advisory firm Willis Towers Watson found CEO salaries increased 2% in 2021, but bonuses were on…

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#M bonus to Goldman Sachs CEO and COO ‘excessive’

#$50M bonus to Goldman Sachs CEO and COO ‘excessive’

“$50M bonus to Goldman Sachs CEO and COO ‘excessive’” Goldman Sachs’ plan to pay a $30 million one-time bonus to Chief Executive David Solomon and a $20 million bonus to Chief Operating Officer John Waldron is “excessive,” proxy adviser Glass Lewis argued Friday. The shareholder advisory firm told Goldman shareholders they should vote against the…

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#Moderna CEO sold 8 million in company stock since pandemic

#Moderna CEO sold $408 million in company stock since pandemic

“Moderna CEO sold $408 million in company stock since pandemic” Moderna CEO Stephane Bancel has sold $408 million in company stock since the start of the coronavirus pandemic, during which the firm’s share price soared more than 600% while it developed and rolled out its vaccine. The Cambridge, Massachusetts-based biotech firm developed the second-most popular…

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#Disney heiress blasts company over pay inequality: documentary

#Disney heiress blasts company over pay inequality: documentary

“#Disney heiress blasts company over pay inequality: documentary” Disney has become a lightning rod for inequality in a new documentary directed by Abigail Disney, the granddaughter of one the Mouse House’s founders. The film co-directed with Kathleen Hughes, “The American Dream and Other Fairy Tales,” profiles four Disneyland custodians, who earn $15 an hour, as…

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#SEC votes to revive 2015 executive compensation clawback rule

#SEC votes to revive 2015 executive compensation clawback rule

“#SEC votes to revive 2015 executive compensation clawback rule” The Securities and Exchange Commission on Thursday voted to revive a rule, left unfinished since 2015, that would expand the regulator’s powers to clawback executives’ compensation when a company had to restate its financials due to a compliance lapse. The SEC said it would seek a further round…

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#Elon Musk got .7B in compensation in 2020

#Elon Musk got $6.7B in compensation in 2020

“#Elon Musk got $6.7B in compensation in 2020” Tesla CEO Elon Musk received almost $6.7 billion in compensation in 2020 — earning the tech entrepreneur over 11 times more than the country’s next highest-paid chief executive, a recent analysis found. Musk’s massive pay came in the form of stock options that give him the right…

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#Jefferies Financial Group raises first-year banker pay to 0K

#Jefferies Financial Group raises first-year banker pay to $110K

“#Jefferies Financial Group raises first-year banker pay to $110K” Investment bank Jefferies Financial Group has markedly boosted salaries for its bankers, a source close to the matter said on Monday, mirroring a pay-scale trend by other Wall Street lenders. The bank’s first-year analysts in the United States will now earn $110,000 annually, up from $85,000….

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