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, 2005 to July 26, 2016
Other board members at Merck during this time were Carlos E. Represas, Craig B. Thompson, Eugene R. McGrath and 14 more.
Jan. 1, 1997 to July 26, 2016
Other board members at Morgan Stanley during this time were Charles E. Phillips, Jr., Charles H. Noski, Donald T. Nicolaisen 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, Merck SEC filings (2008, 2009, 2010, 2011, 2012), Morgan Stanley SEC filings (2008, 2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe