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May 2003 - The New Jersey Motor Vehicle Commission is formed, replacing the DMV notorious for poor customer service. January 2004 - The MVC issues the state's first, security-enhanced Digital Driver License (DDL). January 2004 - The MVC reinstitutes Saturday hours of service. August 2004 - The MVC begins On-Board Diagnostics (OBD) vehicle testing.
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.
Since the 1990s, CEO compensation in the US 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% year, compared to corporate profit growth of 2.9%/year and per capita income growth of 3.1%.
In 2023, McDonald's CEO and chairman Chris Kempczinski received a raise and was paid around 1,212 times that of the average employee. He snagged a salary of $19.2 million, including bonuses and stock.
The CEO Pay Ratio is a wage ratio. Pursuant to Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act , publicly traded companies are required to disclose (1) the median total annual compensation of all employees other than the CEO and (2) the ratio of the CEO's annual total compensation to that of the median employee ...
A major system change to integrate the State-to-State Verification Service requires all New Jersey Motor Vehicle agencies to be closed for a day March 23.
The chief financial officer was traditionally viewed as a financial "gatekeeper".Over time, the position has become one of an advisor and strategic partner to the CEO. [2] [3] CFOs are increasingly being relied upon as the owners of business information, reporting and financial data within organizations and assisting in decision support operations to enable the company to operate more ...
There are considerable variations in the composition and responsibilities of corporate titles. Within the corporate office or corporate center of a corporation, some corporations have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other corporations have a president and CEO but no official deputy.