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.
in the last year of her directorship, more than 80% of all directors
Increased CEO pay by an average of
between 2008 and 2012, more than 62% of all directors
Shares of her companies increased by
between 2008 and 2012, better performance than 76% of all directors
The Cathleen P. Black Stock Index
From January 2008 to December 2010, if you bought shares in companies when Cathleen P. Black joined the board, and sold them when she left, you would have a 7.0 percent return on your investment, compared to a -14.3 percent return from the S&P 500.