24/7 Wall St: “Already making hundreds of times what most Americans earn in a year, CEOs at top U.S. corporations received a pay raise in 2016. The average executive officer at one of the nation’s 100 largest public companies brought in $16.6 million last year compared to $15.5 million in 2015. 24/7 Wall St. reviewed… Continue Reading
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Former Microsoft CEO Ballmer Launches USAFacts – vast searchable database of govdocs
Wired: “Government data is available, but it’s not exactly accessible. A new project from former Microsoft CEO Steve Ballmer and Seattle design studio Artefact aims to change that. Called USAFacts, it’s an ambitious, $10 million effort to present government data in a way that’s open, non-partisan, and stupidly easy to understand. The website, launching today,… Continue Reading
Annual letter to Amazon shareholders by Jeff Bezos, CEO of Amazon.com
Jeffrey P. Bezos, Founder and Chief Executive Officer, Amazon.com, Inc. letter to Shareholders filed with the SEC. This is a brief, detailed letter that is clearly focused on productivity, project planning and delivery, the importance of balanced, highly functioning productive teams, and the statistics relevant to testing prior to production. Worth reading and sharing with… Continue Reading
Facebook CEO pens commentary – Building Global Community
Building Global Community – Mark Zuckerberg, February 16, 2017 – To our community, On our journey to connect the world, we often discuss products we’re building and updates on our business. Today I want to focus on the most important question of all: are we building the world we all want? History is the story… Continue Reading
ScienceOpen launches new search capabilities
“At ScienceOpen, we’ve just upgraded our search and discovery platform to be faster, smarter, and more efficient. A new user interface and filtering capabilities provide a better discovery experience for users. ScienceOpen searches more than 27 million full text open access or article metadata records and puts them in context. We include peer-reviewed academic articles from all… Continue Reading
McKinsey – The CEO guide to customer experience
Executive Briefing – McKinsey Quarterly August 2016: ” What do my customers want? The savviest executives are asking this question more frequently than ever, and rightly so. Leading companies understand that they are in the customer-experience business, and they understand that how an organization delivers for customers is beginning to be as important as what… Continue Reading
Study – CEOs make 276 times more than typical workers
Economic Policy Institute – Economic Snapshot, By Lawrence Mishel and Jessica Schieder. August 3, 2016: “The compensation of the CEOs of the largest firms has grown much faster than stock prices, corporate profits and the wages of the top 0.1 percent. But the most dramatic difference is between the compensation of CEOs and the compensation… Continue Reading
Paper – CEO Pay and the Rise of Relative Performance Contracts: a Question of Governance?
Bell, Brian and Van Reenen, John, CEO Pay and the Rise of Relative Performance Contracts: a Question of Governance? (July 2016). CEPR Discussion Paper No. DP11385. Available for download at SSRN: http://ssrn.com/abstract=2811080 “Would moving to relative performance contracts improve the alignment between CEO pay and performance? To address this we exploit the large rise in… Continue Reading
CEO pay remains up 46.5% since 2009 – make 267 times more than typical workers
Economic Policy Institute, By Lawrence Mishel and Jessica Schieder, July 12, 2016: “What this report finds: In 2015, CEOs in America’s largest firms made an average of $15.5 million in compensation, which is 276 times the annual average pay of the typical worker. While the CEO-to-worker compensation ratio is down from 302-to-1 in 2014, it… Continue Reading
The New York Time Equilar 200 Highest Paid CEO-Rankings
“The New York Times recently published its coverage of the Equilar 200 Highest-Paid CEO Rankings, an analysis of the top paid CEOs at public U.S. companies with at least $1 billion in fiscal year-end market cap. Over the past nine years, Equilar has collaborated with The Times as the preferred data provider of executive compensation… Continue Reading
Linking Societal Trust and CEO Compensation
Kanagaretnam, Kiridaran (Giri) and Khokhar, Rahman and Mawani, Amin, Linking Societal Trust and CEO Compensation (March 14, 2016). Available for download at SSRN: http://ssrn.com/abstract=2779301 “We examine the association between societal trust and the levels of CEO compensation and the proportion of equity-based compensation of 897 firm-years from 18 countries over the 2007- 2013 period. We… Continue Reading
The dozen plus one CEO’s who earn more than $30M per year
USA Today: “Eleven current CEOs of S&P 500 companies, including Philippe Dauman of media giant Viacom (VIAB), Marc Benioff of online sales software maker Salesforce.com (CRM) and Robert Iger of media powerhouse Disney (DIS), are members of the lucrative $30-million-a-year club, based on an analysis of data from S&P Global Market Intelligence by USA TODAY of the 418 CEO… Continue Reading
