Last year’s new pneumonia (CCP virus) epidemic outbreak, many companies have been hit, but a survey report shows that more than 300 listed large companies in the United States CEO (CEO) received last year’s salary is not reduced but increased, the median salary value of $ 13.7 million (about 106 million Hong Kong dollars).
Foreign media survey of 322 U.S. listed companies, showing that the median value of the CEO’s salary last year was $13.7 million, compared with the same period in 2019 ($12.8 million) more than $1.1 million, and is expected to hit a new record high.
The survey shows that up to 206 of the 322 U.S. publicly traded CEOs mentioned above, including CEOs of well-known companies such as Walgreens, the largest U.S. drugstore chain, saw their compensation increase last year, with a median pay increase of nearly 15%. Many of the reasons for the increase in pay last year, and the recent rebound in the stock market, because the main pay of these CEOs depends on the company’s shareholdings, with the recent strengthening of the stock market, their pay also rose.
However, the CEOs of oil giant ExxonMobil, media group Omnicom and Intel were paid less last year than the previous year. These companies in 2020 and 2019 total shareholder return, between -36% to -15%.
The analysis also pointed out that some of the companies hit hard by the epidemic still recorded increases in CEO compensation. Novozymes Cruise Line Holdings Inc. posted a net loss of $4 billion last year, as revenue plummeted 80% due to the suspension of flights; however, its CEO’s compensation doubled to $36.4 million, partly from bonuses. The bonus was related to the renewal of a three-year contract.
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