Ceo, Executives | featured news

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.

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.

The subject of CEO compensation looks like it will get time under the microscope in American Airlines' Chapter 11 bankruptcy case. The U.S. trustee overseeing the bankruptcy case of American parent AMR has filed an objection to the $19.8 million severance package that current CEO Tom Horton is set to get when he leaves the company next year, according to Reuters. Also included in the objection are severance and retention payments slated for other company employees.

The new head of UBS's investment bank Andrea Orcel received a $26m (£17m; 20m euros) "golden hello" in 2012, the bank's annual report has revealed. Mr Orcel is in the process of overhauling the investment business, with 2,000 job losses expected.

Coca-Cola Co. gave Chairman and CEO Muhtar Kent a pay package worth $21.6 million last year, as the world's biggest beverage maker navigated shifting drinking habits in the U.S. and sold more of its drinks overseas. The compensation is up from the $21.2 million Kent received in 2011, according to an Associated Press analysis.

Richard Handler's compensation for 2012 pushes him ahead of some top executives at larger Wall Street rivals.

Emails from former Apple CEO Steve Jobs, published below, are at the center of a lawsuit that that connects the tech industry's most powerful executives and companies. Five tech workers are suing Apple, Google, and Intel. They say that top executives at these companies agreed to not hire each other's employees.

It's been a groundbreaking year for women in business. IBM appointed its first female CEO in Ginni Rometty. Sheryl Sandberg led Facebook through a much-anticipated IPO. Irene Rosenfeld split Kraft into two public companies, and Marissa Mayer jumped from a top Google exec to the CEO seat at Yahoo. See the those named the top businesswomen on the Forbes 2012 list of The World's 100 Most Powerful Women.

Ford's leaders have watched Mark Fields, a brash Harvard MBA, turn Ford's North American operations into a profit machine. Now the CEO job is his to lose....

Volvo announced Hakan Samuelsson will take over as its new chief executive, replacing Stefan Jacoby.