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 Virginia M. Rometty joined the board, and sold them when she left, you would have a -97.2 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Oct. 1, 2012 to July 26, 2016
Other board members at International Business Machines during this time were Alain J.P. Belda, Andrew N. Liveris, David N. Farr and 9 more.
Jan. 1, 2006 to May 7, 2009
Other board members at American International Group during this time were Dennis D. Dammerman, Ellen V. Futter, Frank Zarb and 11 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 .
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe