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.
June 1, 2012 to July 26, 2016
Other board members at Wal-Mart Stores during this time were Aida M. Alvarez, Arne M. Sorenson, Christopher J. Williams and 13 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Wal-Mart Stores SEC filings (2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe