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 June 2010 to December 2012, if you bought shares in companies when Phebe N. Novakovic joined the board, and sold them when she left, you would have a 29.8 percent return on your investment, compared to a 30.7 percent return from the S&P 500.
June 11, 2010 to July 26, 2016
Other board members at Abbott Laboratories during this time were David Owen, Edward M. Liddy, Glenn F. Tilton and 12 more.
Jan. 1, 2012 to July 26, 2016
Other board members at General Dynamics during this time were George A. Joulwan, James L. Jones, James S. Crown 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 .
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe