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 2010, if you bought shares in companies when Cathleen P. Black joined the board, and sold them when she left, you would have a 7.0 percent return on your investment, compared to a -14.3 percent return from the S&P 500.
Jan. 1, 1993 to Dec. 31, 2010
Other board members at Coca-Cola during this time were Alexis M. Herman, Barry Diller, Donald F. McHenry and 11 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Coca-Cola SEC filings (2008, 2009, 2010).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe