Pay Pals

Logo

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.

Submit Correction
Find a director
Edward m liddy

Edward M. Liddy

Edward M. Liddy

  • Between 2008 and 2012 he made
  • $2,211,748
  • as a director, more than 91% of all directors
  • Paid CEOs an average of
  • $27,563,912
  • in the last year of his directorship, more than 88% of all directors
  • Decreased CEO pay by an average of
  • $445,447
  • between 2008 and 2012, only 30% of directors decreased pay more
  • Shares of his companies decreased by
  • 15.2%
  • between 2008 and 2012, better performance than 38% of all directors

The Edward M. Liddy Stock Index

From January 2008 to December 2012, if you bought shares in companies when Edward M. Liddy joined the board, and sold them when he left, you would have a -15.2 percent return on your investment, compared to a -2.8 percent return from the S&P 500.

Edward M. Liddy's companies

Abbott Laboratories

June 11, 2010 to July 26, 2016

Other board members at Abbott Laboratories during this time were David Owen, Glenn F. Tilton, H. L. Fuller and 12 more.

His Yearly Director Pay
Yearly Payments to CEOs
MEDIAN

Boeing

Aug. 28, 2007 to Oct. 27, 2008

Other board members at Boeing during this time were Arthur D. Collins, Jr., James L. Jones, John E. Bryson and 8 more.

Goldman Sachs Group

Jan. 1, 2003 to Sept. 23, 2008

Other board members at Goldman Sachs Group during this time were Claes Dahlbäck, Gary D. Cohn, James A. Johnson and 8 more.

  • Stock Performance is the difference between a director's stock index and the S&P 500.
  • A director's stock index is an unweighted index of company stock performances while they sat on the board.
  • CEO pay includes salary, bonuses, stock sales, and other payments.
  • Average CEO Pay is calculated using the last year a director sat on the board of each company.
  • Stock returns do not include dividends.
  • All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.

The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.

Sources: Google Finance, Yahoo Finance, Boeing SEC filings (2008, 2010, 2011, 2012).

By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe