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In 2019 the highest paid CEO was Tesla's Elon Musk at $595.3 million [15] The U.S. has the world's highest CEO's compensation relative to manufacturing production workers. According to one 2005 estimate the U.S. ratio of CEO's to production worker pay is 39:1 compared to 31.8:1 in UK; 25.9:1 in Italy; 24.9:1 in New Zealand. [16]
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.
In today's era of over-inflated CEO compensation, a $1 CEO can garner plenty of attention. Larry Page, John Mackey, and Meg Whitman all have received press for running huge companies for a buck a ...
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While many executives who take a one-dollar salary also choose not to take any other forms of compensation, a number earn millions more in bonuses and/or other forms of compensation. For example, in 2010–11 Oracle's founder and CEO Larry Ellison made only $1 in salary, but earned over $77 million in other forms of compensation. [31]
On average, the CEO of a public transit agency with 500 to 1,499 employees earns a salary of $201,077 a year, according to the 2023 survey of nearly 1,000 people. COTA has roughly 1,100 employees ...
William P. Stengel II is GPC's president and chief executive officer (CEO). He joined the company as GPC's first chief transformation officer in 2019, [9] [10] became president in 2021, [11] and became chief operating officer in 2023. [12] Stengel succeeded Paul Donahue, who became the CEO of GPC in 2016.
Tesla pledged to keep fighting for Elon Musk's $56 billion pay to be restored, a battle that could make it all the way to the highest US court.