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, 2004 to July 26, 2016
Other board members at Verizon Communications during this time were Clarence Otis, Jr., Donald T. Nicolaisen, Hugh B. Price and 12 more.
Jan. 1, 2005 to July 26, 2016
Other board members at General Electric during this time were Alan A.G. Lafley, Andrea Jung, Ann M. Fudge and 14 more.
Jan. 1, 2010 to Feb. 24, 2010
Other board members at Deere during this time were Aulana L. Peters, Charles O. Holliday, Jr., Clayton M. Jones and 7 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
* Year where CEO pay is prorated because they were an employee before or after their tenure as CEO.
Sources: Google Finance, Yahoo Finance, Verizon Communications SEC filings (2008, 2009, 2010, 2011, 2012), General Electric SEC filings (2008, 2009, 2010, 2011, 2012), Deere SEC filings (2010).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe