Salary, Executive Pay | featured news

Exxon CEO's Compensation Rises to $40.2 Million

Exxon Mobil said CEO Rex Tillerson's total compensation rose 15% last year to $40.2 million.

 

Sears CEO Took Big Cut in 2012

Former Sears chief Louis D'Ambrosio received no bonus or stock awards last year, cutting his compensation by nearly 90% to $1.3 million.

 

Sears CEO Edward Lampert's New Annual Salary: $1

Sears Holding Corp. has signed a contract with Edward Lampert to keep him on as CEO of the company at a salary of $1 per year. A regulatory document filed Wednesday shows that the billionaire hedge fund manager will be paid an annual base salary of $1, but with the opportunity for a bonus of up to $2 million in cash or stock and up to $4.5 million in stock per year.

 

Buffett Salary: Still $100,000

Warren Buffett earned a salary of $100,000 in 2012 as chairman and CEO of his Berkshire Hathaway, an amount that has remained unchanged for more than three decades.

 

Heinz CEO entitled to $56 million golden parachute

Heinz CEO William Johnson is entitled to a golden parachute worth $56 million if he's fired by the company's new owners. Warren Buffet's Berkshire Hathaway and 3G Capital announced last month they were buying the ketchup maker for $23.3 billion. Pittsburgh-based Heinz disclosed Johnson's deal in a regulatory filing Monday.

 

Discover CEO Received $9.96 Million in 2012

Discover Financial's CEO David Nelms received $9.96 million in compensation in fiscal 2012, down 28% from the previous year due to lower stock awards.

 

H-P's Meg Whitman Receives $15.4 Million---Proxy Filing

In Meg Whitman's first full year on the job as Hewlett-Packard's chief executive, she received compensation valued at $15.4 million, according to H-P's proxy filing.

 

Apple CEO's pay package drops 99 percent from 2011

Tim Cook

Apple Inc CEO Tim Cook's 2012 compensation package of just over $4 million is a huge cut on paper for the top executive of the most valuable U.S. corporation, after a 2011 package fattened by more than $376 million in long-term stock awards.

 

Rupert Murdoch Gets Huge Salary Raise, Bonus Even After Phone Hacking Scandal

Even as his company weathers its biggest crisis ever, Rupert Murdoch is still pulling in a huge salary from News Corp.Regulatory filings released on Friday showed that Murdoch's total compensation for the 2011 fiscal year was $33.3 million. As technology writer Peter Kafka noted, this included a $12.5 million bonus. Murdoch also received $8.5 million in stock.

 

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