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 JPMorgan Chase during this time were Crandall C. Bowles, David C. Novak, David M. Cote and 8 more.
Dec. 22, 2009 to July 26, 2016
Other board members at Berkshire Hathaway during this time were Charles T. Munger, Charlotte Guyman, David S. Gottesman 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, JPMorgan Chase SEC filings (2008, 2009, 2010, 2011, 2012), Berkshire Hathaway SEC filings (2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe