Women Are Out-Earning Men in Corporate Finance
Women may be badly outnumbered in the top ranks of corporate America, but at least they aren’t underpaid. Compensation for female chief financial officers at S&P 500 companies last year outpaced that of their male counterparts, according to an analysis by executive compensation firm Equilar and the Associated Press. It follows a similar trend seen with female CEOs in recent years. The median pay for female CFOs last year rose...
Consumer Confidential: Millionaire CEOs Should Support a Living Wage for Fast-Food Workers
Business leaders have every right to voice concerns about a $15-an-hour minimum wage. Anything that could cut into profits is a legitimate worry for companies. But the spectacle of millionaire CEOs opposing a living wage for their workers serves only to highlight the obscene income gap between those at the top and everyone else whose contributions help keep the corporate wheels turning. Sally Smith, chief executive of the restaurant...
Media Moguls Rule Best-Paid CEO List
New York — They’re not Hollywood stars, they’re not TV personalities and they don’t play in a rock band, but their pay packages are in the same league. Six of the 10 highest-paid CEOs last year worked in the media industry, according to a study carried out by executive compensation data firm Equilar and The Associated Press. The best-paid chief executive of a large American company was David Zaslav, head of Discovery Communications,...