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.
Jan. 1, 1993 to July 26, 2016
Other board members at Aetna during this time were Betsy Z. Cohen, Earl G. Graves, Edward J. Ludwig and 10 more.
Jan. 1, 1993 to May 10, 2012
Other board members at Dow Chemical during this time were Andrew N. Liveris, Arnold A. Allemang, Dennis H. Reilley and 9 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, Dow Chemical SEC filings (2008, 2009, 2010, 2011, 2012), Aetna SEC filings (2008, 2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe