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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May 18, 2020

Financial Times – Coronavirus puts top executives’ pay in the spotlight

Many companies had already awarded shares and bonuses to executives in January and February, before the pandemic set in.

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May 15, 2020

Agenda – Boards Face ‘Real Distaste’ on Pay Discretion

Performance goals set early this year by the boards of calendar-year companies may be largely irrelevant since the Covid-19 pandemic set the stock market spiraling and companies scrambling. As a result, boards may find it difficult to motivate and retain some executives, compensation consultants and attorneys warn.

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