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 V.J. Tschinkel joined the board, and sold them when she left, you would have a 16.7 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
April 1, 2012 to July 26, 2016
Other board members at Phillips 66 during this time were Glenn F. Tilton, Harold W. McGraw III, J. Brian Ferguson and 3 more.
Aug. 1, 2002 to May 1, 2012
Other board members at ConocoPhillips during this time were Bobby S. Shackouls, Charles C. Krulak, Harald J. Norvik 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, ConocoPhillips SEC filings (2008, 2009, 2010, 2011, 2012), Phillips 66 SEC filings (2012).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe