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.
From January 2012 to December 2012, if you bought shares in companies when Abby F. Kohnstamm joined the board, and sold them when she left, you would have a -3.3 percent return on your investment, compared to a 11.7 percent return from the S&P 500.
Jan. 1, 2012 to May 31, 2013
Other board members at World Fuel Services during this time were J. Thomas Presby, John L. Manley, Ken Bakshi and 3 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, World Fuel Services SEC filings (2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe