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CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbers
Read full article: CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbersThe typical compensation for CEOs of S&P 500 companies keeps climber higher — and outpacing the wages of average workers today.
More women made the list of top paid CEOs in 2023, but their numbers are still small compared to men
Read full article: More women made the list of top paid CEOs in 2023, but their numbers are still small compared to menMore women are reaching the top ranks of the corporate suite of S&P 500 companies, but their numbers are still miniscule compared to their male counterparts.
AI chip race heats up as AMD introduces rival to Nvidia technology
Read full article: AI chip race heats up as AMD introduces rival to Nvidia technologyAdvanced Micro Devices has revealed a new artificial intelligence chip in its race to compete with fellow chipmaker Nvidia in supplying the foundation for a boom in AI-fueled business tools.
For the few women who sit atop S&P 500 companies, thinner paychecks as median compensation slips
Read full article: For the few women who sit atop S&P 500 companies, thinner paychecks as median compensation slipsLast year was a mixed bag pay-wise for the women who run companies in the S&P 500 -- compensation increased for more than half of them, but the median pay package fell 6%.
As world goes online in pandemic, another mammoth chip deal
Read full article: As world goes online in pandemic, another mammoth chip dealAMD and Xilinx is a huge tie-up in a season of massive buyouts for the semiconductor industry. Xilinx stockholders will receive 1.7234 shares of AMD stock for each Xilinx share they hold, or approximately $143 per share of Xilinx stock. AMD stockholders will own about 74% of the combined company, with Xilinx stockholders owning approximately 26%. AMD CEO Dr. Lisa Su will lead the combined company as CEO. The deal is expected to close by the end of next year, but still needs approval from regulators and shareholders of both companies.
CEO pay has topped $12.3M. Can it keep rising post-pandemic?
Read full article: CEO pay has topped $12.3M. Can it keep rising post-pandemic?The 4.1% rise in median pay was a slowdown for S&P 500 CEOs, who had seen their pay jump 7.2% the year before and by even more in earlier years. SAY ON PAYThe slowdown in CEO pay across the S&P 500 is partly due to the increased voice investors have gotten on the subject, shareholder advocates say. The S&P 500 lost as much as a third of its value earlier this year, when worries about the recession were at their peak. Corporate profits, another key measure for CEO pay, are also expected to crater. Across the S&P 500, earnings per share will likely sink 33% this year, strategists at Goldman Sachs say.
AMD's Lisa Su is first woman to top AP's CEO pay analysis
Read full article: AMD's Lisa Su is first woman to top AP's CEO pay analysisFILE - In this May 1, 2019 photo, Lisa Su, president and CEO of AMD, attends the opening bell at Nasdaq, in New York. Pay for women was up 2.3% from last year, looking at the median; the median change for men was 5.4%. The gain was driven primarily by rewards for performance, including $53 million in stock awards and $3 million in stock options, which vest over several years. To calculate CEO pay, Equilar adds salary, bonus, perks, stock awards, stock option awards, deferred compensation and other pay components that include benefits and perks. Stock awards can either be time-based, or performance-based, meaning the CEO has to meet certain goals before getting them.
AMDS Su, Discoverys Zaslav among highest paid CEOs
Read full article: AMDS Su, Discoverys Zaslav among highest paid CEOsChange from last year: 338%Her pay vs typical company worker: 604 times, up from 165Overall ranking: No. Virginia M. RomettyIBM$19.1 millionChange from last year: 9%Her pay vs typical company worker: 354 times, up from 319Overall ranking: 57___5. David ZaslavDiscovery$45.8 millionChange from last year: -65%His pay vs typical company worker: 578 times, down from 1,511Overall ranking: No. Shantanu NarayenAdobe Inc.$39.1 millionChange from last year: 38%His pay vs typical company worker: 266 times, up from 200Overall ranking: No. Larry J. MerloCVS Health$36.5 millionChange from last year: 66%His pay vs typical company worker: 790 times, up from 618Overall ranking: No.