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Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian-born American business executive. [2] He is currently the president of the World Bank Group. [3] He was the executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.
Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. . The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Sena
Former President Barack Obama Barack Obama earned $400,000 a year as president, up from the $157,000 per year he earned as a U.S. Senator before becoming president.
Patrick Hubert Gaspard [1] (born July 26, 1967) [2] is an American former diplomat who serves as president of Center for American Progress (CAP), a liberal think tank. A noted Democratic Party leader and strategist, [ 3 ] Gaspard served as executive director of the Democratic National Committee from 2011 to 2013. [ 4 ]
[1] [2] [3] From 2006 to 2016, he was chairman and chief executive officer (CEO) of ExxonMobil. Tillerson began his career as a civil engineer with Exxon in 1975 after graduating with a bachelor's degree in civil engineering from the University of Texas at Austin. By 1989 he had become general manager of the Exxon USA central production division.
At that time, he remained CEO and chair of Bank of America's board. Moynihan stated he planned on remaining CEO for years. [23] In 2023, Moynihan's total compensation from Bank of America was $27.8 million, representing a CEO-to-median worker pay ratio of 230-to-1. [24] Moynihan is a fellow at Brown University, serving from 2016 to 2027. [25]
While CEO of Safeway in 2009, he earned a total compensation of $10,901,892, which included a base salary of $1,449,000, a cash bonus of $358,627, stock awards of $491,611 and options granted of $6,922,200. Steven Burd will receive another $7.5 million in stock as a result of the transaction that combines Safeway and Albertsons supermarket chain.