Graef Crystal News
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CBS Corp. Chief Executive Officer Leslie Moonves received $62.2 million in total compensation in 2012, a drop of 11 percent that still places him among the top- earning executives in the U.S.
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Kenneth Feinberg , the paymaster at companies rescued by the U.S. Treasury, recently cut cash compensation for executives at American International Group Inc. and General Motors Co. He said some companies are buying into his credo of pay tied to performance.
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Citigroup Inc. Chief Executive Officer Vikram Pandit, who took a $1 salary after his bank received the most taxpayer assistance of any U.S. lender, is poised to collect $80 million from other payments and awards that may eventually total more than $200 million.
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Chief executive officers’ pay is shattering the glass ceiling.
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Rob Gillette, who resigned as chief executive officer of First Solar Inc. this week after boosting production capacity during a slump, collected $29.9 million for his initial 15 months on the job and may be eligible for an $8.9 million severance package.
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Rob Gillette, who resigned as chief executive officer of First Solar Inc. this week after boosting production capacity during a slump, collected $29.9 million for his initial 15 months on the job and may be eligible for an $8.9 million severance package.
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Chesapeake Energy Corp.’s decision to cut directors’ pay and other perks may save the company up to $1.65 million a year without addressing investors’ concern that the board failed to rein in Chief Executive Officer Aubrey McClendon’s borrowing and spending spree.
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Start spreadin’ the news: Derek Jeter is so valuable to the New York Yankees that he’ll be able to demand a contract for close to the $19 million a year he gets now, according to compensation consultants.
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Chief executive officers in the U.S. are getting bigger long-term incentive awards and more firms are tying those payouts to performance goals, a survey shows.
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Congress is using the new health- care law to limit tax deductions for executive pay at medical insurance companies in a bid to prevent corporate officers from personally benefiting from expanded enrollments.
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