C.E.O. Pay, America’s Economic ‘Miracle’

Annual-meeting season is unfolding for corporations, and the script is playing out as usual — chief executive officers will get their way. They may endure the verbal lashings of a couple of shareholders, perhaps face a slightly embarrassing “say on pay” vote about their princely income and then intone that after careful analysis, a compensation committee, advised by experts, unanimously approved their ridiculous pay package. READ MORE

Any day now, expect the AFL-CIO to produce another hugely inflated CEO-to-worker pay ratio, debunked in advance

Any day now, the AFL-CIO will report its annual CEO-to-worker pay ratio for 2018 based on a series of flawed statistical assumptions that results in a rather meaningless apples-to-oranges comparison and a wildly inflated ratio. See the labor oranization’s press release last year for CEO pay in 2017 and my criticisms of the AFL-CIO Executive Paywatch report here. READ MORE

What the Media’s Most Powerful Executives Were Paid in 2018

The bosses and directors of the world’s largest media companies aren’t going to win many popularity contests. They anger a lot of people, including investors, when they approve out-of-whack pay packages for their CEOs. Their lavish salaries and generous awarding of stock options to key leaders enrage politicians on the left and threaten to become a political issue in the upcoming presidential election. And they appear to have been oblivious to women’s concerns as disclosures of sexual harassment and bullying at the companies they oversee piled up over the past year or so. READ MORE