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 2009 to October 2012, if you bought shares in companies when Mackey J. McDonald joined the board, and sold them when he left, you would have a 41.6 percent return on your investment, compared to a 55.0 percent return from the S&P 500.
Jan. 1, 2010 to Oct. 1, 2012
Other board members at Mondelez International during this time were Ajaypal S. Banga, Deborah Wright, Frank Zarb and 14 more.
Jan. 1, 2009 to April 1, 2012
Other board members at Wells Fargo during this time were Cynthia H. Milligan, Donald B. Rice, Donald M. James and 17 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Wells Fargo SEC filings (2009, 2010, 2011, 2012), Mondelez International SEC filings (2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe