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.
Sept. 1, 2009 to July 26, 2016
Other board members at Bank of America during this time were Brian T. Moynihan, Charles K. Gifford, Charles O. Rossotti and 17 more.
May 1, 2007 to July 26, 2016
Other board members at Deere during this time were Antonio Madero B., Arthur L. Kelly, Aulana L. Peters and 11 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, Bank of America SEC filings (2009, 2010, 2011, 2012), Deere SEC filings (2008, 2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe