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 April 2009, if you bought shares in companies when Claudio X. González joined the board, and sold them when he left, you would have a -64.6 percent return on your investment, compared to a -42.5 percent return from the S&P 500.
Jan. 1, 1993 to April 22, 2009
Other board members at General Electric during this time were Alan A.G. Lafley, Andrea Jung, Ann M. Fudge and 10 more.
Jan. 1, 2001 to May 22, 2008
Other board members at Home Depot during this time were Albert P. Carey, Ari Bousbib, Armando Codina and 10 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Home Depot SEC filings (2008), General Electric SEC filings (2008, 2009).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe