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 April 2011, if you bought shares in companies when W. Ann Reynolds joined the board, and sold them when she left, you would have a 31.8 percent return on your investment, compared to a -8.9 percent return from the S&P 500.
Jan. 1, 1991 to April 21, 2011
Other board members at Humana during this time were David A. Jones, Jr., David B. Nash, M.D., Frank A. D’Amelio and 7 more.
Jan. 1, 1980 to Jan. 1, 2010
Other board members at Abbott Laboratories during this time were David Owen, Glenn F. Tilton, H. L. Fuller and 9 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Humana SEC filings (2008, 2009, 2010, 2011).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe