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 2008 to December 2012, if you bought shares in companies when Carol A. Bartz joined the board, and sold them when she left, you would have a -30.5 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Jan. 1, 1996 to July 26, 2016
Other board members at Cisco Systems during this time were Arun Sarin, Brian L. Halla, Jerry Yang and 11 more.
Jan. 16, 2008 to March 18, 2009
Other board members at Intel during this time were Charlene Barshefsky, D. James Guzy, David B. Yoffie and 8 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Intel SEC filings (2008, 2009), Cisco Systems SEC filings (2008, 2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe