James Gorman got his pay approved despite the stock's performance during his tenure. CNBC's Mary Thompson provides highlights from the big bank's shareholder meeting, with Mike Mayo, Credit Agricole Securities bank analyst.
James Gorman got his pay approved despite the stock's performance during his tenure. CNBC's Mary Thompson provides highlights from the big bank's shareholder meeting, with Mike Mayo, Credit Agricole Securities bank analyst.
What's the difference between a media mogul and a chief executive elsewhere in the business world? About $10 million in compensation. Leaders in other industries earn far less than their media industry counterparts, the NYT reports.
Chinese executives at state-owned groups have long been among the lowest paid of their global peers, but even their apparently meager pay is generating controversy. The Financial Times reports.
CNBC's Courtney Reagan reports the troubled CEO will not get a bonus or stock awards for 2012, as the retail giant implements a series of turnaround plans. And, Christie Hefner, former Chairman & CEO of Playboy Enterprises, discusses how to evaluate executive compensation.
In a wide-ranging interview, Daniel Rosensweig, Chegg president and CEO, discusses how online sales taxes will impact retailers, and the widening gap between highly-paid executives and employees.
Executive excess need not be etched in stone. Just look at the Nordic region, where an egalitarian tradition and a high quality of life leave top managers content with lower paychecks.
European Union ministers are meeting to consider placing a cap on banker bonuses. Could the bonus cap happen here in the U.S.? John Liu, New York City Comptroller, weighs in.
Late Monday CNBC reported the company will ask the federal government for approval to pay CEO Dan Akerson $11.1 million in 2013. After initially saying it had no comment on pay requests for its top executives, GM now says it is requesting Akerson receive total compensation of $9 million.
Novartis said it would scrap a 72 million Swiss franc ($77.98 million) pay package for outgoing chairman Daniel Vasella, bowing to mounting anger in Switzerland before an investor meeting on Friday.
The chief executive of Nordic and emerging markets telecoms group TeliaSonera resigned on Friday after an in-house investigation into its purchase of an Uzbekistan 3G licence harshly criticized the deal.