CEO pay is determined by a company’s board of directors. Those directors are compensated for the time they spend shaping the company’s strategy. Here’s what the Fortune 100 executives paid each other from 2008 to 2012.
Feb. 1, 2010 to July 26, 2016
Other board members at International Business Machines during this time were Alain J.P. Belda, Cathleen Black, David N. Farr and 11 more.
Jan. 1, 2004 to July 26, 2016
Other board members at Dow Chemical during this time were Arnold A. Allemang, Barbara H. Franklin, Dennis H. Reilley and 9 more.
Sept. 1, 2005 to April 21, 2011
Other board members at Citigroup during this time were Alain J.P. Belda, Anne M. Mulcahy, Anthony M. Santomero and 17 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
* Year where CEO pay is prorated because they were an employee before or after their tenure as CEO.
Sources: Google Finance, Yahoo Finance, Citigroup SEC filings (2008, 2009, 2010, 2011), Dow Chemical SEC filings (2008, 2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe