CEOs Make 200 Times More Than Workers
Earlier this month, the Securities and Exchange Commission approved a rule that will require companies, starting in 2017, to disclose a simple calculation: At what multiple is the chief executives’ compensation vs. the median-compensated worker. It’s a concept many in Corporate America have loved to hate ever since it was first included in the Dodd-Frank financial reform law back in 2010. For one, they say, it will be an expensive and...
Tax Filing Details Top D-H Payouts
Lebanon — The $675,000 severance payment awarded by Dartmouth-Hitchcock during 2013 to a “former senior advisor” to its chief executive barely made a public ripple or financial splash. Nor did the $320,000 “change of control payment” made to a staff physician who had been working as an executive at the large, Lebanon-based medical complex, or the $105,000 severance payment to a former human resources director that year. In fact, the...
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,...
