For CEOs, $11.7 million a year is just middle of the pack - News Summed Up

For CEOs, $11.7 million a year is just middle of the pack


Top row, from left: Hock E. Tan, Broadcom, $103.2 million (U.S.); Leslie Moonves, CBS, $68.4 million; W. Nicholas Howley, TransDigm, $61 million; Jeffrey Bewkes, Time Warner, $49 million; and Stephen Kaufer, TripAdvisor, $43.2 million. Bottom row, from left: David Zaslav, Discovery Communications, $42.2 million; Robert Iger, Walt Disney, $36.3 million; Stephen Wynn, Wynn Resorts, $34.5 million; Brenton Saunders, Allergan, $32.8 million; and Brian Roberts, Comcast, $32.5 million. “High pay ratios send a dispiriting message to the workforce,” said Liz Shuler, secretary-treasurer of the AFL-CIO, which has been calculating its own tally of CEO-to-worker pay ratios for years. And companies with large part-time workforces will show much greater disparity between the CEO’s pay and median pay. At both Yum Brands and United Rentals, more than 95 per cent of shareholders approved their CEOs’ pay for last year.


Source: thestar May 25, 2018 17:03 UTC



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