Sunday, June 17, 2012

2011 Executive Pay

Despite the recession and Say On Pay, median executive compensation increased about 5 percent in 2011. The largest pay package, an astounding $378 million, was given to Apple's Timothy D. Cook. And David Simon of the Simon Property Group received $137 million last year even though 73.3 percent of shareholders voted against his pay package. Median pay for the 200 top-paid CEOs in 2011 was $14.5 million. http://www.nytimes.com/2012/06/17/business/executive-pay-still-climbing-despite-a-shareholder-din.html?pagewanted=1&_r=1&partner=rss&emc=rss