Pay Pals

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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.

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Geoff McKay

Geoff McKay

  • Between 2008 and 2012 he made
  • $45,000
  • as a director, more than 8% of all directors
  • Paid CEOs an average of
  • $9,509,336
  • in the last year of his directorship, more than 25% of all directors
  • Decreased CEO pay by an average of
  • $0
  • between 2008 and 2012, more than 34% of all directors
  • Shares of his companies increased by
  • 14.5%
  • between 2008 and 2012, better performance than 56% of all directors

The Geoff McKay Stock Index

From February 2010 to December 2010, if you bought shares in companies when Geoff McKay joined the board, and sold them when he left, you would have a 14.5 percent return on your investment, compared to a 13.7 percent return from the S&P 500.

Geoff McKay's companies

Plains All American Pipeline

Feb. 18, 2010 to Dec. 30, 2010

Other board members at Plains All American Pipeline during this time were Arthur L. Smith, Christopher M. Temple, Everardo Goyanes and 4 more.

His Yearly Compensation
Yearly Payments to CEOs
MEDIAN
  • 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 .

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