Thank you for sharing!

Your article was successfully shared with the contacts you provided.
CEO Pay Day

This week a study was reported on compensation analysis firm Equilar, Inc., which looked at CEO compensation increases in public companies with at least $1 billion in revenue. They found that CEOs, on average, enjoyed a leap in compensation of 16% between 2011 and 2012, as reported in public proxy disclosures. An even more interesting factoid was that the CEOs’ median 2012 pay package came in at $15.1 million. With all the hub-bub that shareholders are making with corporate boards, one would think that growth in these extraordinary packages would be somewhat tempered year-over-year, especially when the average financial performance of these same companies was only a meager 3% higher than the percentage of pay increase. There were a couple of standout pay packages, but one of the best was Yahoo CEO Marissa Mayer who topped out at $31.6 million as the highest-paid woman. I understand that she has made some great moves over her short tenure with the company, but come on, Yahoo remains on the ropes, and a real turnaround is not around the corner. My problem is that companies continue to pay for short-term results instead of rewarding CEOs for investing in innovation and research, or longer-term strategies with pay that is aligned with results.

Tony LoPinto

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.