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Comparing money manager CEO pay
trueSee fives years of CEO pay data from 15 leading publicly-traded asset management firms.
BlackRock's Fink top earner, proxies show
trueBlackRock Inc. Chairman and CEO Laurence D. Fink earned $23.9 million last year, the highest-paid executive among publicly traded money management firms that have so far disclosed 2014 compensation information.
BlackRock's Fink gets $23.9 million payday for 2014
trueBlackRock Chairman and CEO Laurence D. Fink received a 4% pay increase from the year before, the company's proxy statement, released Friday, shows.
Wisconsin Investment Board pays investment staff $10.3 million incentive compensation
trueState of Wisconsin Investment Board, Madison, paid $11.9 million in incentive compensation to staff in 2014 for exceeding investment performance benchmarks over the past five years.
Towers Watson: Pay-for-performance disclosures dip in 2014 proxy statements
trueSome 27% of the largest U.S. companies included an executive pay-for-performance discussion in their 2014 proxy statements, down from 28% the previous year, a Towers Watson analysis released Thursday found.
Exxon Mobil to disclose sustainability metrics in setting executive pay
trueWespath Investment Management, the investment division of the Glenview, Ill.-based $21 billion General Board of Pension and Health Benefits of The United Methodist Church, agreed to withdraw a shareholder proposal at Exxon Mobil Corp. after the company agreed to disclose sustainability-related ...
Towers Watson: Large companies increasing stock ownership requirements for executives
trueLarge companies are stepping up their corporate stock ownership requirements for their CEOs and other executives to strengthen the link between shareholder and management interests, Towers Watson found in an analysis released Tuesday.
Starbucks CEO, 5 executives facing opposition on pay
trueThe compensation of Starbucks Corp.’s CEO and five other top executives faces opposition from CalSTRS, Ontario Teachers’ Pension Plan and the Florida State Board of Administration.
New York state comptroller: Wall Street bonus pool jumped by 3% in 2014
trueWall Street's bonus pool rose 3% to $28.5 billion in 2014, according to estimates by New York state Comptroller Thomas DiNapoli.
CPPIB, FSBA to oppose Apple's executive pay package, support proxy access
trueCanada Pension Plan Investment Board and the Florida State Board of Administration plan to vote against Apple Inc.'s pay plan for CEO Tim Cook and other top executives, according to their proxy voting disclosures.
Shareholders approve pay package for Microsoft CEO, top executives
trueA majority of shareholders approved Microsoft Corp.’s executive pay package for CEO Satya Nadella and four other top executives.
Pension funds take sides on Microsoft executive pay package
truePension funds have lined up on different sides on the issue of Microsoft Corp.’s executive pay package for CEO Satya Nadella and four other top executives.
CalPERS staff bonuses up 14% to $9 million in fiscal year 2014
trueCalPERS paid $9 million in staff bonuses in fiscal year 2014, up 14% from the previous year.
PIMCO paid Gross $290 million bonus in 2013 after trailing peers
truePacific Investment Management Co. paid former Chief Investment Officer William H. Gross a bonus of about $290 million in 2013, a year in which his Total Return Fund trailed a majority of its peers, showed documents provided to Bloomberg by someone with knowledge of PIMCO's bonus policies.
Hedge fund portfolio managers' compensation expected to rise 8% — report
truePortfolio managers at hedge fund companies managing more than $4 billion can expect an 8% rise in total 2014 compensation — base salary plus performance bonus — compared to 2013, estimated Glocap Search, a money management recruiter.