US executive pay rises at fastest rate in 14 years

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The story "US executive pay rises at fastest rate in 14 years" was covered 1 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times 1w ago

US executive pay rises at fastest rate in 14 years - Financial Times

Quick Summary:

Both BlackRock and Vanguard typically support at least 90 per cent of pay packages at US companies each year, Diligent data shows.

US bosses’ pay is increasing at the fastest rate for at least 14 years, according to new figures which critics say illustrate how ballooning reward packages such as Elon Musk’s risk exacerbating social inequality.

Musk this week secured an emphatic victory in a shareholder vote on his $56bn package of stock options — the largest in US history.