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.
Jan. 1, 1997 to July 26, 2016
Other board members at Verizon Communications during this time were Clarence Otis, Jr., Donald T. Nicolaisen, John R. Stafford and 12 more.
Jan. 1, 1994 to July 26, 2016
Other board members at MetLife during this time were Alfred F. Kelly, Jr., Burton A. Dole, Jr., Catherine R. Kinney and 14 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
* Year where CEO pay is prorated because they were an employee before or after their tenure as CEO.
Sources: Google Finance, Yahoo Finance, Verizon Communications SEC filings (2008, 2009, 2010, 2011, 2012), MetLife SEC filings (2008, 2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe