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, 2011 to July 26, 2016
Other board members at Caterpillar during this time were Charles D. Powell, Daniel M. Dickinson, David L. Calhoun and 14 more.
Jan. 1, 1998 to July 26, 2016
Other board members at Abbott Laboratories during this time were David Owen, Edward M. Liddy, Glenn F. Tilton and 13 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Caterpillar SEC filings (2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe