Ars Technica: “Moderna is considering raising the price of its COVID-19 vaccine by over 400 percent—from $26 per dose to between $110 and $130 per dose—according to a report by The Wall Street Journal [Moderna Considers Price of $110-$130 for Covid-19 Vaccine Commercial price is similar to Pfizer’s plans for after government contracting ends.] Ars… Continue Reading
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Search Results for: CEO
CEO pay has skyrocketed 1,322% since 1978
Economic Policy Institute – “CEOs were paid 351 times as much as a typical worker in 2020: “What this report finds: Corporate boards running America’s largest public firms are giving top executives outsize compensation packages that have grown much faster than the stock market and the pay of typical workers, college graduates, and even the… Continue Reading
Female CEOs on this year’s Fortune 500 just broke three all-time records
Fortune: “In 2021, the number of women running businesses on the Fortune 500 hit an all-time record: 41. But that’s not all. For the first time two Black women are running Fortune 500 businesses (Roz Brewer of No 16. Walgreens Boots Alliance and Thasunda Brown Duckett of No. 79 TIAA) —and another executive is making… Continue Reading
CEO pay rises to $12.7M even as pandemic ravages economy
AP: “As COVID-19 ravaged the world last year, CEOs’ big pay packages seemed to be under as much threat as everything else. Fortunately for those CEOs, many had boards of directors willing to see the pandemic as an extraordinary event beyond their control. Across the country, boards made changes to the intricate formulas that determine… Continue Reading
Corporate offices need to change in one major way says ServiceNow CEO
ZDNet – “In the age of hybrid work that’s upon us, companies need to dramatically rethink how they approach their office space. As ServiceNow CEO Bill McDermott told a group of analysts and reporters during the company’s Knowledge 2021 event, “Nobody wants to play office anymore.” For as long as they’ve existed, corporate office buildings have… Continue Reading
Nearly half of global CEOs don’t expect to see a return to ‘normal’ until 2022
KPMG: “CEOs of the world’s most influential companies are planning what the ‘new reality’ will look like post-pandemic. The 2021 KPMG CEO Outlook Pulse Survey finds that almost half (45 percent) of global executives do not expect to see a return to a ‘normal’ course of business until sometime in 2022, as opposed to nearly… Continue Reading
CEO Pay Remains Stratospheric Even at Companies Battered by Pandemic
The New York Times – “…The coronavirus plunged the world into an economic crisis, sent the U.S. unemployment rate skyrocketing and left millions of Americans struggling to make ends meet. Yet at many of the companies hit hardest by the pandemic, the executives in charge were showered with riches. The divergent fortunes of C.E.O.s and… Continue Reading
CEO Pay Surged in a Year of Upheaval and Leadership Challenges
WSJ [paywall] – “The executives’ compensation for 2020 is on track for a record even as shareholders voice displeasure with some pay packages. CEO pay surged in 2020, a year of historic business upheaval, a wrenching labor market for many workers and unprecedented challenges for many leaders. Median pay for the chief executives of more… Continue Reading
These are the country’s 100 most overpaid CEOs
Fast Company: “In 2019, the average top CEO’s pay increased 14% from 2018 to $21.3 million. Sundar Pichai, the CEO of Google’s parent company, Alphabet, earned $280,621,552 in total compensation—more than 1,000 times the income of a median company employee. Pichai tops the new list of “100 Most Overpaid CEOs,” the seventh annual report published… Continue Reading
Waters to Wells Fargo CEO: The Bank You Inherited is Essentially a Lawless Organization
News release: “Following the release of a Majority staff report entitled, “The Real Wells Fargo: Board & Management Failures, Consumer Abuses, and Ineffective Regulatory Oversight,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, convened a full Committee hearing with Charles W. Scharf, Chief Executive Officer (CEO) and President of Wells Fargo… Continue Reading
The 10 most overpaid CEOs in the US
Fast Company – “The median employee at Align Technologies, the company that makes Invisalign, makes $13,180 a year. The CEO makes $41,758,338. That’s a pay ratio of 3,168:1. And if you look at how the company performed over the long term, he was only worth about about $14 million dollars, meaning he was overpaid by… Continue Reading
HBR Best-Performing CEOs in the World 2019
Harvard Business Review – “When Jensen Huang cofounded NVIDIA, in 1993, he focused on a single niche: building powerful computer chips to create graphics for fast-moving video games. As the company went public in 1999 and grew through the 2000s, video games remained its growth engine—but even back then, Huang, a Taiwanese immigrant who studied… Continue Reading
