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.
Jan. 1, 2000 to May 1, 2008
Other board members at Verizon Communications during this time were Clarence Otis, Jr., Donald T. Nicolaisen, Hugh B. Price 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, Verizon Communications SEC filings (2008).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe