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 October 2012 to December 2012, if you bought shares in companies when Patrick T. Siewert joined the board, and sold them when he left, you would have a -4.6 percent return on your investment, compared to a 0.9 percent return from the S&P 500.
Oct. 23, 2012 to July 26, 2016
Other board members at Mondelez International during this time were Fredric G. Reynolds, Irene B. Rosenfeld, Jean-François van Boxmeer and 6 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Mondelez International SEC filings (2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe