ceo pay

  • Jilted NYSE execs could score $95 million

    NYSE chief Duncan Niederauer and his top aides could soon be crying all the way to the bank.

    Niederauer (right) will walk away with $34 million in change-of-control payments should the Nasdaq (NDAQ) and the Intercontinental Exchange (ICE) succeed in wresting Niederauer's NYSE Group (NYX) from the arms of its chosen suitor, Germany's Deutsche Boerse.

    His top five lieutenants will make $61 million if they depart under a Nasdaq takeover – including MORE

    - Apr 1, 2011 11:00 AM ET
  • Big paydays for NYSE execs

    Tuesday's $10 billion merger will mean big bucks for some top stock exchange executives – even ones who don't join the new company.

    Frankfurt's Deutsche Boerse said Tuesday it will take over the NYSE's parent, NYSE Euronext (NYX), creating the biggest global stock and derivatives trading platform. The deal also stands to make some top NYSE execs rich as they cash in on provisions in their employment contracts that pay out MORE

    - Feb 15, 2011 11:58 AM ET
  • No more minimum wage for Citi's Pandit

    Citi's board just gave CEO Vikram Pandit a $1.75 million pat on the back.

    Citigroup (C) said Friday afternoon it gave Pandit, its CEO since its meltdown began in late 2007, what it called a well-deserved raise. Pandit made just $1 last year, as part of a gesture he made in February 2009 to quell rising bailout rage.

    But by now, Citi has paid back the government and returned to full-year profitability, and the government has MORE

    - Jan 21, 2011 5:07 PM ET
    Posted in: , , ,
  • More big paydays at Fannie, Freddie

    The housing recovery has stalled, but the gravy train rolls on for the government-appointed saviors of the housing market, Fannie Mae and Freddie Mac.

    The top executives of the taxpayer-backed companies stand to make millions of dollars in salary, deferred pay and long-term incentive awards for 2010 – including substantial sums that are performance-based, at least in name.

    Fannie (FNMA) CEO Michael Williams and Freddie (FMCC) chief Charles Haldeman each stand to MORE

    - Dec 31, 2010 7:06 AM ET
  • Why Jeter deserves $45 million but most CEOs don't

    Derek Jeter can do for the Yankees what very few people can do. CEOs, on the other hand, rarely set themselves apart from the rest of us with their talent and skills.

    by Eric Falkenstein, contributor

    Derek Jeter has had a great career, but last year he hit .270 (mediocre). Nonetheless, he's fielding offers like $45 million for 3 years.

    Yet no one seems very angry about exorbitant pay in athletics, as MORE

    Dec 7, 2010 3:37 PM ET
  • Revenge of the overpaid CEOs: Update

    Strangely enough, it paid in many cases last year to overpay your CEO.

    That's one surprising conclusion from Glass Lewis' latest report on executive pay. The proxy adviser rates the 25 most overpaid and underpaid chief executives at S&P 500 companies, based on changes in stock price, book value, operating cash flow, earnings, total shareholder return and the return on assets and equity. Glass Lewis repeated the exercise at the smaller MORE

    - Oct 12, 2010 6:37 AM ET
  • Citi shows bank checkbooks are open

    Banker bonus backlash is so 2009.

    Citi (C) is forking over $30 million to hire a top UBS energy banker and his team. The move comes after a bidding war for Stephen Trauber's services that will, at least briefly, give Trauber a salary 9 million times the size of Citi chief Vikram Pandit's – a rare instance of the CEO pay gap in reverse.

    (Update: Citi contends the $30 million figure "is totally MORE

    - Sep 27, 2010 12:07 PM ET
  • GM filing carps about TARP

    General Motors says TARP continues to cast a long shadow over the company.

    The automaker said in Wednesday's initial public offering filing that executive pay restrictions tied to the company's receipt of some $50 billion in government loans could hamper GM as it tries to revive its fortunes in a hypercompetitive auto market.

    As part of the cost reduction initiatives in our business plan, and pursuant to the direction of the Special MORE

    - Aug 18, 2010 4:57 PM ET
    Posted in: , ,
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.