CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds

CEOs of the lowest-paying companies earned $601 for every $1 earned by the average worker, while investing in stock buybacks and enriching themselves and shareholders, according to a report from the Institute for Policy Studies.

theguardian.com

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8/18/2023

Moderna CEO made $400M last year—2,435X the median salary of employees

Main topic: CEO compensation in the healthcare industry Key points: 1. CEOs of publicly traded healthcare companies earned $4 billion collectively in 2022, amidst high inflation. 2. Moderna's CEO, Stéphane Bancel, earned $398 million in 2022, surpassing other CEOs in the biotech and pharma sector. 3. Bancel's compensation was 2,435 times higher than the median salary of Moderna employees in 2022.

8/22/2023

As inflation hurts most in the UK, top bosses enjoy ‘bumper’ pay rises

The median FTSE 100 CEO in the UK was paid 118 times more than the median full-time worker, with bosses receiving average pay increases of around $5m in 2022 amid a cost-of-living crisis, according to a study by the High Pay Centre think tank. Workers unions criticized these findings, calling it a "land of grotesque extremes" while highlighting the struggle of households dealing with rising living costs.

9/5/2023

Lucid CEO’s $379 million annual pay draws criticism from billionaire Elon Musk: ‘Beware any company where leadership compensation is not linked to performance’

Lucid Motors CEO Peter Rawlinson drew criticism from Tesla CEO Elon Musk after earning the title of highest-paid executive in the automotive business, with a $379 million compensation package that Musk believes is not linked to performance.

9/13/2023

GM CEO's $29M pay fuels outrage as autoworkers struggle

General Motors CEO Mary Barra earned almost $29 million in 2022, which is 362 times the median employee's salary, leading to demands for higher wages from workers and the possibility of a strike.

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Posted 8/24/2023, 12:57:00 PM