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 2010 to January 2012, if you bought shares in companies when Wendy J. Morse joined the board, and sold them when she left, you would have a 47.7 percent return on your investment, compared to a 12.7 percent return from the S&P 500.
Jan. 1, 2010 to Dec. 31, 2011
Other board members at United Continental Holdings during this time were Carolyn Corvi, Charles A. Yamarone, David J. Vitale and 16 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, United Continental Holdings SEC filings (2010, 2011).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe