Walter E. Massey

Between 2008 and 2012 he made
$733,350
as a director, more than 37% of all directors

Paid CEOs an average of
$9,691,362
in the last year of his directorship, more than 27% of all directors

Decreased CEO pay by an average of
$7,917,654
between 2008 and 2012, only 11% of directors decreased pay more

Shares of his companies decreased by
43.9%
between 2008 and 2012, better performance than 27% of all directors

The Walter E. Massey Stock Index

From January 2008 to April 2010, if you bought shares in companies when Walter E. Massey joined the board, and sold them when he left, you would have a -43.9 percent return on your investment, compared to a -19.7 percent return from the S&P 500.

His Yearly Compensation

Yearly Payments to CEOs

MEDIAN

Delta Air Lines

April 30, 2007 to Oct. 29, 2008

Other board members at Delta Air Lines during this time were Daniel A. Carp, David R. Goode, Douglas M. Steenland and 10 more.

Stock Performance is the difference between a director's stock index and the S&P 500.
A director's stock index is an unweighted index of company stock performances while they sat on the board.
CEO pay includes salary, bonuses, stock sales, and other payments.
Average CEO Pay is calculated using the last year a director sat on the board of each company.
Stock returns do not include dividends.
All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.

The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.

Sources: Google Finance, Yahoo Finance, Bank of America SEC filings (2008, 2009, 2010), Delta Air Lines SEC filings (2008).

By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe