June 26, 2020

Financial Times – Executives incentivised to prioritise diversity

We know from experience that executives prioritise what they are paid to prioritise, so anyone wondering whether they will live up to their recent promises on taking diversity more seriously should look at the compensation section of companies’ annual reports.

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June 19, 2020

Reuters – Want your pre-pandemic pay back? Work for it, Meritor tells staff

Meritor Inc employees and executives who saw their salaries slashed in the wake of the COVID-19 pandemic can recoup lost pay for this year as long as the company meets new performance targets, the trucking parts supplier said this week.

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June 3, 2020

The Wall Street Journal – Coronavirus Crisis Dents Salaries, Not Stock Awards, for Many CEOs

Hundreds of U.S. companies reduced salaries for their chief executives as the coronavirus pandemic swept across American business, a reversal for a group of leaders that until this year has ridden a bull market to record compensation.

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June 1, 2020

Variety – What the Media’s Most Powerful Executives Were Paid in 2019

Media chieftains don’t suffer from low self-esteem. Industry titans including Bob Iger, Reed Hastings and Rupert Murdoch probably need big egos to believe they’re entitled to make far more than most CEOs at similarly sized companies — and much more for 12 months of work than an average employee could make in several lifetimes.

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May 18, 2020

Los Angeles Times – CEOs cut millions of jobs amid coronavirus yet keep their lofty bonuses

So far, top executives of many major U.S. corporations — including some at the very epicenter of the crisis — have mostly held on to their outsize pay packages after giving up some of their salaries.

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