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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.


E*Trade Ex-CEO Paid $10.7 Million

E*Trade Financial paid its former CEO Steven Freiberg $10.7 million in 2012, including a severance payment.


CVS CEO's Pay Jumps 44%

Total pay for CVS Caremark's chief executive and president, Larry Merlo, jumped 44% to $20.3 million last year, according to an SEC filing.


Netflix to Increase CEO's Pay


Netflix raised Chief Executive Reed Hastings's compensation package to $4 million for 2013, essentially doubling his pay this year.


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.


Former Visa CEO Received $9.7 Million

Joseph Saunders, who stepped down last month as CEO of Visa, received a $9.7 million pay package for fiscal 2012.


Verizon To Lay Off 1,700 Workers After Paying CEO $22 Million Last Year

Verizon Wireless

America’s largest wireless service provider plans to cut 1,700 jobs by offering its technicians and call center employees buyouts. Verizon Communications announced last week that it would reduce its nationwide workforce by 1 percent, and if enough workers don’t accept the buyouts, it will resort to involuntary layoffs. Verizon paid chief executive Lowell C. McAdam more than $22.5 million in 2011, according to a Wall Street Journal analysis of executive compensation.


Typical CEO made $9.6M last year, AP study finds

Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm. That was up more than 6 percent from the previous year, and is the second year in a row of increases. The figure is also the highest since the AP began tracking executive compensation in 2006.


J&J CEO Could Get $143.5 Million Retirement Package

Johnson & Johnson CEO William Weldon stands to collect pension benefits and deferred compensation valued at $143.5 million after his retirement, according to new details released by the health-care conglomerate.


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