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 February 2008 to December 2012, if you bought shares in companies when George W. Buckley joined the board, and sold them when he left, you would have a -37.2 percent return on your investment, compared to a 6.7 percent return from the S&P 500.
Feb. 5, 2008 to July 26, 2016
Other board members at Archer Daniels Midland during this time were Alan L. Boeckmann, Antonio Maciel Neto, Donald E. Felsinger and 8 more.
Sept. 19, 2012 to July 26, 2016
Other board members at PepsiCo during this time were Alberto Ibargüen, Alberto Weisser, Daniel Vasella and 9 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Archer Daniels Midland SEC filings (2008, 2009, 2010, 2011, 2012), PepsiCo SEC filings (2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe