It takes just three workdays, on average, for the CEO of a public company in Colorado to earn as much money as the typical worker at the same firm does in an entire year. That’s because CEOs in Colorado earn 94 times the median annual pay of their employees, according to a Denver Post analysis of filings of nearly three dozen of the largest companies in the state. Click to enlarge Companies are reporting “CEO pay ratios” that highlight the gap between company leaders and employees for the first time this spring, based on last year’s pay numbers. In Colorado, those ratios range from a high of 814 times for Steve Ells, former CEO of Chipotle Mexican Grill, to zero for Dave Liniger, former co-CEO of Re/Max Holdings, who didn’t take any pay at the real estate brokerage franchisor he founded after it went public in 2013. The disclosures are the result of a law passed in 2010 during then-President Barack Obama’s first term.
Colorado Ceos Earn In Three Days What The Typical Worker Earns In A Year, New Disclosures Show
Aldo Svaldi, Denver Post
Fri, 04/20/2018 - 10:53am
Topics: that s click companies in colorado chipotle mexican grill re/max holdings barack obama s one congress brandon rees washington d.c occupy wall street dodd-frank act consumer financial protection bureau the u.s securities exchange commission markets you john elofson the post big colorado ceo relying sm energy restaurants stephen brashear ceo steve ells seattle chris if ells last taco bell brian niccol half jonathan marks rees denver-based western union ceo hikmet ersek craig f walker the denver postwestern union ceo hikmet ersek douglas county april supporters boards for at re/max related articles u.s ceos dave gail the afl-cio executive pay watch calculated ceo-to-worker u.s bureau labor statistics equilar russell liberty media denver-based davita inc vail resorts weight watchers democrats republicans ceo ceos colorado denver post ceo ells steve ells chipotle mexican grill chipotle liniger re/max rees it it dodd-frank davis graham stubbs colorado associated press ells we arnold colorado s s&p marec earn days year disclosures typical worker median ratio compensation company ratios stock million average employees corporate workers executives numbers reported awards number employee high push time required state times paid term group country meaningful realized highlight largest practices highest approach examined leaders measure estimates stated gas firm oil entire golf groups business today interview part-time concerns crisis included early working top banking excessive foreign option director clients estimated compare shared larger industry sense long created hours attorney
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