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 January 2008 to December 2012, if you bought shares in companies when Suzanne Nora Johnson joined the board, and sold them when she left, you would have a -46.0 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
July 16, 2008 to July 26, 2016
Other board members at American International Group during this time were Arthur C. Martinez, Christopher S. Lynch, Dennis D. Dammerman and 20 more.
Jan. 1, 2007 to July 26, 2016
Other board members at Pfizer during this time were Constance J. Horner, Dana G. Mead, Dennis A. Ausiello and 15 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, Pfizer SEC filings (2008, 2009, 2010, 2011, 2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe