Word: ceos
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
James R. Houghton '58, a member of Harvard's highest governing board, announced yesterday that he will step down as chair and CEO of Corning, Inc., after 13 years at the helm...
Demographics and race relations are the primary challenges America must overcome to succeed in the 21st century, William H. Gray III, president and CEO of the United Negro College Fund, said at the ARCO Forum last night...
...more, sometimes much more. For boosting the Magic Kingdom's stock price 28% and orchestrating a $19 billion merger (the second largest in U.S. history) with Capital Cities/ABC, Walt Disney CEO Michael Eisner took home a $14.8 million compensation package, outpacing his prior year's pay nearly 40%. Campbell Soup chairman David Johnson savored a raise to $6.6 million, a jump of 150%, as Campbell stock climbed more than 36%, to 60. After Rockwell International's stock price leaped nearly 50%, to 527/8, CEO Donald Beall pocketed a tidy $5.5 million, a 45% bump over '94. Charles Walgreen...
...While CEOs are no doubt preparing speeches about the relationship between risk and reward, a few statistics intrude. To wit: despite the gush of profits, stockholders didn't see a comparable leap in their dividends. And employees took home only 2.7% more in wages and benefits during the year, the lowest increase since the government began tracking compensation in '81. Though turn-of-the-century financier J.P. Morgan argued that a CEO should never make more than 20 times the average salary of a company's employees, the ratio has escalated radically in recent years. In a sample...
...compensation gap grows, so does the pain gap. At a time when Americans are paying higher health-insurance premiums for more restricted services, the CEOs of health-maintenance organizations--who ordain who shall be treated and who shall not--are banking pay packages far more than double the average CEO compensation in other companies of comparable size and performance. A prime example: Daniel Crowley, CEO of Foundation Health Corp., a California-based hmo. According to one expert, Crowley's average annual compensation for the past three years was $6.1 million, besting his counterparts in other industries by 277%. Now that...