By Inti Pacheco March 23, 2020 6:49 am ET Chief executives of large U.S. companies rode a more than decadelong bull market to a string of record pay days.
The Journal analysis uses total compensation, including salary, bonus and stock awards as they are valued in securities filings and provided by MyLogIQ, a research and data firm. As of the March 19 market close, 18 S&P 500 chiefs had lost a combined $177 million on the value of their stock options, according to an analysis by Institutional Shareholder Services, a proxy advisory firm.
“If you haven’t set your financial performance setting as of a week ago, how do you set those?” Mr. Bell said. “It’s a challenge especially in this pay-for-performance culture.” Mr. Hayes’s salary was 16% of his total compensation last year, Mr. Munoz’s was 12% and Mr. Kelly’s was 10%.
Source: News Formal (newsformal.com)
Just proves yet again the front line medical staff are the true essential services. All those so called financial wizards and masters of the universe pay themselves billions of dollars and contribute absolutely nothing to the greater good.
これが ChinaVirus 悪魔の本性
Oh no! There goes my wine estate in the south of France!
Wuhan virus-fueled swoon
Oh I'm sure they'll find a way to keep their exorbitant incomes, by hook or by crook.
Thus sounds hopeful. 🤔
ChineseVirus
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