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 2008 to December 2012, if you bought shares in companies when Rodney E. Slater joined the board, and sold them when he left, you would have a 86.1 percent return on your investment, compared to a 53.3 percent return from the S&P 500.
March 5, 2010 to July 26, 2016
Other board members at Verizon Communications during this time were Clarence Otis, Jr., Donald T. Nicolaisen, Hugh B. Price and 11 more.
Oct. 29, 2008 to June 30, 2011
Other board members at Delta Air Lines during this time were Daniel A. Carp, David R. Goode, Douglas M. Steenland and 10 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 (2010, 2011, 2012), Delta Air Lines SEC filings (2008, 2009, 2010, 2011).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe