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 June 2009 to July 2010, if you bought shares in companies when Harvey Golub joined the board, and sold them when he left, you would have a 61.8 percent return on your investment, compared to a 19.1 percent return from the S&P 500.
June 30, 2009 to July 14, 2010
Other board members at American International Group during this time were Arthur C. Martinez, Christopher S. Lynch, Dennis D. Dammerman and 11 more.
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