The CEO of Wal-Mart Stores Inc. received a pay package in 2010 worth $18.7 million, a 4 percent dip from the year before, according to an Associated Press calculation, as the world’s largest retailer struggled to reverse a decline in a key revenue figure. Get the full story »
Inside these posts: Executive compensation
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Caterpillar CEO sees compensation quadruple
Caterpillar CEO Douglas Oberhelman. (Andrew Harrer/Bloomberg)
An Associated Press review has found that Caterpillar quadrupled CEO Doug Oberhelman’s compensation last year when he took over the top job, but his $10.4 million package was less than half what the retiring chief executive received.
Oberhelman became CEO last summer and added the chairman title later after Jim Owens retired. Owens’ compensation more than tripled in 2010 to $22.5 million, mostly from a stock grant worth $16 million. Get the full story »
PrivateBancorp CEO’s compensation triples
PrivateBancorp Inc. Chief Executive Larry Richman saw his total compensation for 2010 rise to $2.68 million from $883,991, as the Chicago-based bank turned profitable recently but still logged another money-losing year. Get the full story »
Gap CEO’s pay package rises 18% in 2010
Gap CEO Glenn Murphy received compensation worth nearly $6 million in 2010, an 18 percent increase from the year before, according to an analysis by The Associated Press. Get the full story »
McDonald’s Skinner gets $9.7M in 2010
McDonald’s Corp. Chief Executive Jim Skinner received a total of $9.7 million in compensation in 2010, including his roughly $42,000 annual salary increase and a 38 percent increase in his annual performance bonus. Get the full story »
JPMorgan’s Dimon got $20.8 million in 2010
Jamie Dimon, center, chairman and chief executive officer of JPMorgan Chase & Co. (Tim Boyle/Bloomberg News)
Jamie Dimon, Chief Executive Officer of the second-largest U.S. bank by assets, saw his total compensation rise to $20.8 million in 2010, according to a regulatory filing by JPMorgan Chase & Co.
He received only $1.3 million in total compensation in 2009, according to the filing. Get the full story »
CBOE chief’s pay dwarfs rivals at NYSE, CME
CBOE Holdings Inc. Chief Executive Officer William Brodsky, who steered the operator of the biggest U.S. options market through an initial public offering last June, received a giant pay boost for his efforts. Get the full story »
5 top Goldman execs took home $69M in ‘10
Goldman Sachs Group Inc. paid its top five executives a total of $69.6 million in cash and stock last year as the firm rebounded from the austerity imposed during the financial crisis.
That is up from total 2009 compensation for the five of $5.3 million, according to the firm’s annual proxy filing on Friday. Get the full story »
Fannie, Freddie execs paid $35M in last 2 years
Top executives at Fannie Mae and Freddie Mac were paid handsomely in the last two years, while the government agency in charge of regulating the bailed-out mortgage backers was ill-equipped to do anything about it, according to a federal review. Get the full story »
Ford’s Mulally pay package up 48%
Ford Motor Co. Chief Executive Alan Mulally’s total compensation rose 48 percent to $26.5 million in 2010 when the automaker reported its best net profit in a decade. Get the full story »
Kraft CEO’s pay falls 27% in 2010 on unmet goals
Kraft CEO Irene Rosenfeld speaks at a town hall meeting at Kraft's headquarters in Northfield, Feb. 5, 2010. (William DeShazer/Chicago Tribune)
Efforts at Kraft Foods to more closely align executive compensation with company performance took a large bite out of Chief Executive Irene Rosenfeld’s 2010 pay package, the company disclosed Thursday in its annual proxy statement.
Rosenfeld’s overall compensation fell almost 27 percent, to $19.3 million, from $26.3 million in 2008, according to documents filed with the Securities and Exchange Commission. Get the full story »
SEC mulls rules on compensation committees
U.S. securities regulators proposed rules Wednesday that would require publicly listed companies to have independent compensation committees and make key disclosures about their use of compensation consultants. Get the full story »
Nicor CEO to receive $850,000 in restricted stock
From Crain’s Chicago Business | Naperville-based natural gas utility Nicor Inc. has granted CEO Russ Strobel 16,020 shares of restricted stock per a long-term incentive plan, but Mr. Strobel will be able to cash them within months. The shares will be convertible to cash immediately when Nicor’s $2.4-billion sale to AGL Resources Inc. closes later this year.
Borders seeks to pay $8M in executive bonuses
Book retailer Borders Group Inc., which is shuttering hundreds of stores in a bid to stay alive, is seeking bankruptcy court approval to hand out more than $8 million in executive bonuses, including nearly $1.7 million to President Mike Edwards. Get the full story »
H-P investors just say no to executive pay packages
Bloomberg News | Hewlett-Packard investors rejected proposed compensation packages for top executives at the company’s annual meeting Wednesday.
