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, 2003 to July 26, 2016
Other board members at Microsoft during this time were David F. Marquardt, Dina Dublon, Helmut Panke and 9 more.
Jan. 1, 2005 to April 20, 2010
Other board members at Morgan Stanley during this time were C. Robert Kidder, Charles E. Phillips, Jr., Donald T. Nicolaisen 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, Microsoft SEC filings (2008, 2009, 2010, 2011, 2012), Morgan Stanley SEC filings (2008, 2009, 2010).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe