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Showing posts with label ceo compensation. Show all posts
Showing posts with label ceo compensation. Show all posts

December 26, 2016

who are the ceo's that served for the shortest duration in history

In these days of competitive and disruptive environment a CEO's job is perhaps the not most envied jobs.. With global economy tottering, along with geo political realities, companies are under pressure to perform and increase shareholder value,as CEO's cope with ever increasing demands and occasional hostile environment of boardrooms.The average tenure of a Fortune 500 CEO is reported at  4.6 years – about the length of a presidential term. And, the average tenure of all CEOs according to published reports is 8.1 years.In this post we look at the CEO's which has been there in the coveted post  for the smallest amount of time, with the shortest duration.Here's a trivia :Bill Johnson, Energy CEO who got paid 44 million dollars for 20 minutes of work  was the most paid CEO in the shortest amount of time.Here are the top CEO's of global companies that served for the shortest duration. 

Alan Fishman, Washington Mutual : 17 days:Alan took over Washington Mutual from Kerry K. Killinger, who led the company for 18 years, once the firm was collapsing amidst the financial crisis. including that of Lehman Brothers, the government arranged for JPMorgan to take over the company replacing Mr Fishman. 

Robert Willumstad, A.I.G. :3 months:Willumstad, a former Citigroup executive, saw A.I.G.'s shares drop 97% during his tenure. He was forced out of the giant insurance company once the federal government took control of the company -- which eventually accepted $182 billion in bailout funds -- and was largely blamed for the financial crisis of 2008.

Jack Griffin, Time Inc., Magazine : 5 months:Griffin rubbed feathers the wrong way,by  making too many references to his being Roman Catholic (including comparing the company to the Vatican) including  off-color or sexist comments. Jack was accused of spending too much and bringing his favorite  consultants to help in a restructuring effort, and insisting his name appear prominently atop Time Inc. magazines' mastheads. Griffin  was given an unceremonious exit and reportedly asked to pack off within less that 24 hours.

 Ed Whitacre, Jr., General Motors : 9 month.Whitacre was known as the "GM Reaper" for killing off brands post-bankruptcy. He pulled up the  the auto brand " GM"'s financials, and prepared the company for its IPO. But once that time came, prospective investors wanted a long-term CEO who could steer the company in a new direction. However the board did not think Whitacre was the guy in the scheme of things for the future .

Fritz Henderson, General Motors: 9 months Henderson took over as GM CEO after President Obama called for Rick Wagoner to step down during the auto bailout crisis. But Henderson didn't prove a very good choice. He wasn't flexible in working with the GM board and failed to built a partnership  and was shown the door early.Henderson will be remembered as being as smart and experienced as any GM CEO, but he appeared tone-deaf when it came to listening to Whitacre and the rest of his board of directors. Since he had no role in picking them and they owed him nothing, that proved to be a fatal mistake.Henderson also had the bad luck to have several deals blow up in his face. Entrepreneur Roger Penske walked away from an agreement to buy Saturn because he couldn't find anyone to supply him with cars, forcing GM to close the division. 

 Owen Van Natta, Myspace : 10 months:Owen Van Natta was the COO of Facebook before leading online music startup Project Playlist.Prior to his role as MySpace COO, Mr. Jones founded and operated several online businesses, including Userplane, a leading provider of tools for online communities such as MySpace. Userplane was acquired in 2006 by AOL, where Jones subsequently served as a senior vice president and focused on social media monetization.

November 25, 2016

ceo's in which country are they paid the highest salaries:

"CEO's pay and how it places across the world"

Which places across the world does a CEO earns the highest amount vis a vis other CEO's. For example does a CEO at US earn the same across similar industry in South Africa or UK. Well not so.. The United States may have the highest paid CEOs, but South Africa is where CEOs get paid highest in the world  and they  live  a life far above the rest CEO's across other regions.The above chart shows which nations are the Chief Executive Offers get paid the highest irrespective of the industry.It also considers how much are they paid compared to everyone else 

South African CEOs are among some of the best paid in the world, and earn more than 500 times more than the average South African.The figures are the latest statistic illustrating how South Africa is consistently one of the most unequal societies in the world. South Africa ranked seventh when counting CEO salaries around the world, according to a Bloomberg survey of executive paychecks around in the world’s 25 largest economies. But Africa’s most advanced economy rocketed to the top when considering how executive packages compared to the average income in the country. The average income in South Africa is $13,194, measured in GDP per capita adjusted to purchasing power in 2015 and 2016. The average CEO earned $7.14 million, 541 times more than the average income

After South Africa,CEO's in India gets paid the highest, almost one and  a  half times  , than what a CEO of similar company across the same industry earns in United States . CEO's in UK gets paid less than what they would be receiving in United States. While CEO's in Canada ,Switzerland,Germany and Spain follow where the gap between  what they earn and everyone else is probably lower

February 23, 2016

the highest paid top 3 chief information officers

The comparison chart shows the most highly paid chief information Officers( includes salaries and stocks and shares)

With over $40 million annual compensation,Walgreen's  Timothy J. Theriault , the  Global Chief Information Officer and Executive VP   of Walgreen Boots Alliance happens to be  he highest paid CIO  

The  second and  the  highest paid CIO ,with a total salary of $36 milllion happens to be Mr. Robert B. Carter , The CIO and Divisional Executive VP at Fedex . A veteran at at Fedex he has been in the company for the last 16 years as EVP - FedEx Information Services and CIO

Trent Taylor , the CIO at Hhgregg is at number 3 with annual compensation  of over  $12 million,Mr. Taylor has over 25 years of experience in the information technology field, including systems architecture, data center infrastructure, networking, applications and e-commerce.

October 28, 2015

Highest Paid CEO's compared with their 1 year shareholder return to investors

These are the top 10 highest paid Chief Executive Officers

" shareholding return by highest paid CEOs
CEO compensation vs shareholder return

Top 10 CEO compensation ranked by Shareholder Returns

While compensation levels of CEO's have skyrocketed.. so have the attrition rate . The average stay of Fortune 500 CEO's have today come down to an average of less than 3 years compared to 5 years a decade ago. This chart published by Wall Street Journal compares the compensation of top 10 executives versus the shareholder return in the last one year.

Only 4 companies  General Electric ,Liberty Global , Aetna and Estee Launder managed to deliver a whooping more than 100% return , with GE and Liberty global delivering 250% shareholder return

Oracle's Larry Ellison and  Iger Roberts of Walt Disney have their shareholders a negative return of -18% and -8%

October 26, 2015

American CEO's with most generous compensation packages

These are the top 10 highest paid jobs

The average American makes $50,000 to $70,000 per year. The lowest-compensated person on this list — a breakdown of America’s 25 highest-compensated executives — made $44.3 million in 2014. In America.. the CEO-to-employee pay ratios, numbers can be sometimes be as lopsided as 738-to-1. Globally this might be more
 To put that in context, the typical American would have to work 738 years straight to match the 2014 compensation for David C. Drummond, Google’s chief legal officer and senior vice president of corporate development.The following table breaks down each of the 25 highest-paid executives in America, complete with the year-over-year change in compensation, where available. The data comes from the SEC and is visualized by FindTheCompany.