For anyone wondering whether a company’s prosperity is being shared with workers in the form of rising median pay, the mandated reports may provide few real answers. “That’s unfortunate,” said Rosanna Landis Weaver of As You Sow, a nonprofit that lobbied for the disclosure rule. “There just seems to be a deep reluctance to disclose the inequalities that exist within corporations. Companies have resisted this rule for year and years and years — and they are still.” Read More →
Read MoreIf American CEO compensation is indeed tied to company performance, many are getting overpaid, according to one corporate responsibility research group. Among them are the chiefs of JPMorgan, Ameriprise, Wells Fargo and Goldman Sachs, according to As You Sow’s new report. Read More →
Read More"There’s an increasing awareness that these CEO pay votes really do matter. Very smart people at a variety of funds are really digging deeply into this issue and revamping their proxy voting guidelines," said Rosanna Landis Weaver, program manager of executive compensation at As You Sow. "After six years of our report, we see this trend has continued. Private conversations, known as engagements, are insufficient to deal with the systemic problems." Read More →
Read More“Study after study shows CEO pay moving upward,” the As You Sow survey said. “CEO pay is a core contributor to America’s extreme and growing income inequality.” Read More →
Read MoreIn its annual 100 Most Overpaid CEOs list — topped by Oracle, Align Technology and The Walt Disney Co. — As You Sow makes the case that oversight of CEO pay is lacking. Read More →
Read MoreThe big picture: CEO pay has increased so greatly that even the bottom 10% of companies with the worst one-year shareholder returns had CEOs with median pay packages of $12.6 million, As You Sow found. Read More →
Read MoreThe report, “The 100 most overpaid CEOs”, was published this week by As You Sow, a nonprofit organization devoted to amplifying the voice of shareholders on issues including environmental and social causes, and fiscal responsibility by publicly listed corporations. Read More →
Read MoreIn the report, “The 100 Most Overpaid CEOs,” the nonprofit As You Sow lists the most egregious examples. The CEO compensation and average employee compensation come from data that corporations now have to disclose to the SEC and are based on data from the most recent fiscal year. The “overpayment” calculation is based on a statistical regression model from the investment services company HIP Investor that looks at what CEOs should have made based on longer-term company performance. Read More →
Read MoreAs You Sow defined the 100 “most overpaid” CEOs of the S&P 500 by comparing their compensation with shareholder returns over the past five years, the level of shareholder support for the pay and the ratio between CEO and worker pay. Read More →
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