Add To Watchlist

COMPENSATION

→ Show Results From: All | Business | Odd News
The Wire

Md. legislative officers reject pay raise proposal

The presiding officers of the Maryland General Assembly are rejecting pay raises for lawmakers recommended by a panel.

Wells Fargo executives denied cash bonuses in 2009

Wells Fargo & Co.'s four top executives won't get cash bonuses for 2009, but are receiving performance-based stock awards currently worth a combined $25 million that are designed to keep them from being lured away by rival banks.

AmerisourceBergen CEO's pay rises 3 pct. in 2009

The president and CEO of drug distributor AmerisourceBergen Corp. received a compensation package valued at $5.5 million in 2009, up 3 percent from the year before, according to Associated Press calculation of figures filed with regulators Tuesday.

Rockwell Collins CEO gets $7.9M in fiscal 2009 pay

Rockwell Collins Inc., which develops aviation electronics and communications equipment for commercial and government applications, gave Chief Executive Clayton M. Jones total compensation valued at $7.9 million in fiscal 2009, a nearly 22 percent jump from the year before, according to Associated Press calculations of data filed with regulators.

Disney CEO's 2009 pay drops 58 percent to $21.6M

Robert Iger, Walt Disney Co.'s chief executive, absorbed a 58 percent compensation cut in 2009, brought on by the entertainment company's struggles during the worst recession in more than 70 years.

Tyson Foods interim CEO made $533,459 in 2009

Leland Tollett, who left retirement to lead Tyson Foods Inc. out of an industry downturn, earned $533,459 as the company's interim CEO in 2009, according to an Associated Press calculation of figures filed with regulators.

Costco CEO compensation drops in 2009

Costco Wholesale Corp.'s president and CEO, James Sinegal, received compensation valued at $2.7 million for the 2009 fiscal year, according to a proxy statement filed Friday with the Securities and Exchange Commission.

Rockwell Automation CEO pay drops 28 percent

The compensation package for Rockwell Automation Inc.'s top executive fell more than 28 percent during the 2009 fiscal year after the industrial automation equipment company was battered by the deep recession, according to a company regulatory filing Friday.

Jacobs Engineering CEO's 2009 pay totals $4.6M

Engineering and construction firm Jacobs Engineering Group Inc. gave Chief Executive Officer Craig L. Martin total compensation valued at $4.6 million in fiscal year 2009, a 28 percent drop from the year before, according to Associated Press calculations of data filed with regulators Thursday.

Hormel CEO's pay falls 17.5 pct in 2009 to $6.3M

The compensation of Hormel Foods Inc.'s chief executive fell 17.5 percent in 2009 to $6.3 million, according to an Associated Press calculation of figures filed with regulators.

Correction: Becton Dickinson compensation story

In a Dec. 11 story about Becton Dickinson & Co.'s executive compensation, The Associated Press erroneously reported that CEO Edward J. Ludwig's pay package in 2009 rose 19.2 percent to $9.1 million.

Emerson Electric CEO's pay rises slightly

Emerson Electric felt the recession as its 2009 profit dropped from a year earlier, and the electrical products manufacturer's CEO's pay was flat.

Becton Dickinson CEO gets 2009 compensation boost

Becton Dickinson & Co. Chairman, President and CEO Edward J. Ludwig received a 19.2 percent boost in compensation to just under $9.1 million in 2009 as the medical company's profit rose.

Air Products CEO's 2009 compensation drops 17 pct

Air Products & Chemicals Inc. CEO John McGlade's total compensation package slid 17 percent in 2009 to $10.1 million from $12.2 million in the previous year, according to Associated Press calculations of figures disclosed in a regulatory filing Thursday.

D.R. Horton CEO got $6.4M fiscal 2009 pay package

Homebuilder D.R. Horton Inc. gave CEO Donald Tomnitz compensation valued at about $6.4 million in fiscal 2009, a 6 percent increase from the prior fiscal year, according to Associated Press calculations of figures disclosed in a regulatory filing.

Monsanto CEO's 2009 compensation slips to $12.7M

Monsanto Co. Chairman and Chief Executive Hugh Grant's compensation package slid about 3.5 percent to $12.7 million in 2009, from $13.1 million the previous year, according to a regulatory filing Monday.

Deere CEO Allen gets $4.28M in fiscal 2009 pay

Heavy equipment maker Deere & Co.'s president and chief executive Samuel R. Allen, who held those offices only the last two months of the company's fiscal 2009 after his promotion within the company, received annual compensation of $4.28 million for the year.

US pay czar OKs changes for 2 top BofA executives

Bailed-out Bank of America amended the salaries of two senior executives after a review by the White House pay czar, according to a regulatory filing.

Ohio senator says no to workers comp for illegals

A Republican state senator in Ohio wants to prohibit the nation's largest state-run injured worker insurance program from providing benefits to illegal immigrants, a change he said should lower business premiums.

USTA tax forms show ex-CEO paid $9.15M in 2008

U.S. Tennis Association tax forms show that former CEO of professional tennis Arlen Kantarian received more than $9 million in total compensation in 2008, his last year running the U.S. Open.

Banks face Feb. 1 deadline from Fed on pay plans

The nation's biggest banks face a February deadline for submitting employee compensation plans to the Federal Reserve, according to people with knowledge of the process.

Intuit cuts CEO's compensation by about half

Intuit Inc. gave CEO Brad Smith compensation valued at $3.6 million, according to an Associated Press calculation of figures disclosed in a regulatory filing made Friday. The compensation was about half of what he earned last year, as the financial software maker's profit took a hit in the downturn.

Pfizer shareholders to get vote on executive pay

Drugmaker Pfizer Inc. said Thursday its shareholders will have input on compensation for company executives starting in 2010.

UN pays out $610 million from Iraqi oil fund

The U.N. panel overseeing compensation for victims of Iraq's 1990 Kuwait invasion said Thursday it has paid $610 million from Iraqi oil funds to cover losses from the war.

Sun CEO's pay package cut by a third in '09

The value of Sun Microsystems Inc. CEO Jonathan Schwartz's latest pay package dropped 37 percent from last year as the company lost more than $2 billion and was in such dire financial shape that it was forced to put itself up for sale.

The Vine
Dutch ex-prostitute loses compensation case against her former high school
Source: The Minneapolis Star Tribune

A Dutch court on Wednesday rejected a compensation claim by a woman who sued her former high school for allegedly failing to stop her from becoming a prostitute.

Ahmadinejad to seek UN compensation for WWII
Source: presstv.ir

Ahmadinejad to seek UN compensation for WWII Iran's president says he will soon write to the UN Secretary-General asking for his country to be compensated for World War II damages.

Obama's Call for Reform in Executive Pay is Screwing His Own Constituents

New York Governor David Paterson was on CNBC this morning discussing his state's budget problems. Until recently, the state of New York has annually paid tens of billions of dollars in federal tax more than it has taken from the federal government.

Craig Sweeney victim's payout "significantly increased'
Source: BBC News

A young girl abducted and sexually assaulted by paedophile Craig Sweeney on early release from jail has had her compensation "significantly increased".

Parents sue pushchair maker which ignored warnings after 15 children's fingers were severed
Source: BBC News

A group of parents is suing pushchair maker Maclaren claiming it knew its products had injured children and ignored warnings others could get hurt. More than 15 UK families are seeking compensation, claiming their children had fingertips severed by buggy hinges.

US to spend $3bn compensating native Americans
Source: Telegraph

If cleared by Congress and the courts, the settlement would be the largest Indian claim ever approved against the US government – exceeding the combined total of all previous settlements of Indian claims.

Congress Can Kill Outlandish Bonuses for Wall Streeters: Why Won't They?
Source: AlterNet.org

We need more protection from corporate greed than the current mainstream antidotes provide. Americans get this. Too bad moderate reformers don't.

Ruling on girl raped 500 times ' irrational'
Source: The Sydney Morning Herald

The Victims Compensation Tribunal was in error when it ruled that a woman who was raped about 500 times as a child should be compensated for only one act of violence, a court found today.

Water overdose: Family wins $18 million in damages
Source: The Age

The family of a woman who died while taking part in a radio station water-drinking contest to win a Nintendo Wii has been awarded more than $US16.5 million ($18 million) by a jury in California.

U.S. Considers Reining In Too Big To Fail Institutions
Source: The New York Times

Congress and the Obama administration are about to take up one of the most fundamental issues stemming from the near collapse of the financial system last year — how to deal with institutions that are so big that the government has no choice but to rescue them when they get in  …

REUTERS: Fed Playing Politics on Executive Compensation?
Source: Reuters

Reuters takes a look at the Federal Reserve's roll in imposing limits on the compensation levels of executives and explores the role of political pressure played in their recent decision to begin regulating some compensation.

Administration Said to Order Deep Cuts in Pay at Bailed-Out Companies
Source: The New York Times

Responding to the growing furor over the paychecks of executives at companies that received billions of dollars in federal bailouts, the Obama administration will order the companies that received the most aid to deeply slash the compensation to their highest paid executives, an  …

Geithner aides made millions on Wall Street
Source: FT.com

Obama administration officials now working on fixing and regulating the financial system were beneficiaries of several million dollars in pay from Wall Street and private equity companies, it has been revealed.

Swedish pastor drunk in charge of funeral
Source: thelocal.se

A family from Skåne in southern Sweden has demanded compensation from the Church of Sweden claiming that the pastor employed to conduct a funeral had consumed a glass too many in the vestry.

Texas: The Kinder, Gentler Hang 'Em High State
Source: TIME

The state with the reputation for being the toughest on crime came up with one of the most generous and supportive programs to compensate those wrongfully convicted: the Tim Cole Act.

Dell settlement to spread nationwide, New York AG Cuomo says
Source: Consumer Reports

The $4 million settlement agreement Dell entered into with the office of New York Attorney General Andrew Cuomo could well lead to consumers nationwide receiving millions of dollars in compensation from Dell.

Texas DNA Exonerees Find Prosperity After Prison
Source: Yahoo! News

Thomas McGowan's journey from prison to prosperity is about to culminate in $1.8 million, and he knows just how to spend it: on a house with three bedrooms, stainless steel kitchen appliances and a washer and dryer.

Libya in talks over cash for IRA victims
Source: Independent.co.uk

Libya has hinted for the first time that it is considering compensating the families of IRA victims in recognition that it armed the terrorists.

Amsterdam to pay brothel owner € 40,000
Source: Dutchnews.nl

Amsterdam city council has been ordered to pay a brothel owner over €40,000 in compensation because it took too long to decide whether she could have a licence.

Should Fat People Pay More for Health Care?
Source: The New York Times

Two years ago, the Cleveland Clinic stopped hiring smokers. It was one part of a "wellness initiative" that has won the renowned hospital — which President Obama recently visited — some very nice publicity.

Translators Abandoned and Mistreated in Afghanistan
Source: Utne

After risking their lives for American troops in Afghanistan, translators are often abandoned and mistreated. The largest suppliers of translators to the U.S.

Citigroup's Hall may get his bonus (Dealscape - Crisis On Wall Street)
Source:

It looks like Citigroup Inc.'s (NYSE:C) Andrew Hall, who heads its profitable Phibro commodity trading unit, might get his $100 million bonus after all.

'They are talking to me about money I owe to them as if I had robbed a bank'
Source: Guardian Unlimited

A soldier who lost a leg fighting in Afghanistan has attacked the Ministry of Defence's "disgusting" treatment of his compensation case after it insisted he repay £48,392 that it deposited in his account in error.

Banking Bandits Get Their Reward
Source: Truthdig

By now everybody must know that the top banking executives responsible for our economic meltdown have no shame.

This area needs news. Click here to seed the vine