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 January 2008 to December 2012, if you bought shares in companies when John B. McCoy joined the board, and sold them when he left, you would have a -19.1 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Jan. 1, 1999 to July 26, 2016
Other board members at AT&T during this time were August A. Busch III, Charles F. Knight, Gilbert F. Amelio and 15 more.
Jan. 1, 1987 to July 1, 2009
Other board members at Cardinal Health during this time were Calvin Darden, Colleen F. Arnold, David W. Raisbeck and 8 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Cardinal Health SEC filings (2008, 2009, 2010), AT&T SEC filings (2008, 2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe