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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.

 

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.

 

Two-income couples down; more wives out-earn husbands

An analysis of family finances from 2006 to 2011 shows wives in dual-earner couples contributing more to total household income and more wives in 2011 were out-earning their husbands than in 2006.

 

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.

 

Beckham joins PSG, will donate salary to charity

David Beckham's latest stop in his globe-trotting career is Paris-Saint Germain, with the former England captain signing a five-month contract Thursday and pledging to donate his salary to a children's charity....

 

The College Degrees With The Highest Starting Salaries

Graduation

A new salary survey from the National Association of Colleges and Employers (NACE) shows that engineering majors dominate the list of college degrees that pay the highest salaries to new college graduates. Of the ten majors with the highest starting salaries, six are in some branch of engineering, including computer engineering, in the no. 1 slot at $70,400, chemical engineering, no. 2 at $66,400 and aerospace/aeronautical/astronautical engineering, no. 4 at $64,000.  The no. 3 highest-paying major is computer science, at $64,400.

 

Colleges face pressure to reveal grads' earnings

Graduates

Efforts to disclose college degrees' earnings potential are picking up steam, holding higher education directly accountable for return on investments by families and taxpayers.

 

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