CEOs

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'He Saved Our Company': Fiat Chrysler CEO Dies at 66

Sergio Marchionne passed away after complications following shoulder surgery

(Newser) - "Who the hell is this guy?" was an analyst's reaction to Sergio Marchionne when the latter joined the auto industry in 2003. Fifteen years later, Marchionne has earned a description from the Wall Street Journal as "one of the last larger-than-life car-maker CEOs," though that comes...

Paycheck of Top-Paid CEO in US: $102.2M

Honors go to First Data Corp.'s Frank Bisignano of Ga.; other states' CEOs do well, too

(Newser) - Les Moonves made $68.4 million in 2017 as the CEO of CBS, but New York didn't claim the highest-paid CEO in the country last year—Georgia did, with First Data's Frank J. Bisignano bringing in a $102.2 million paycheck. The AP and Equilar, an executive data...

Ranks of Top Female CEOs Just Got Thinner

Denise Morrison of Campbell Soup steps down

(Newser) - A series of high-level departures over the last year thinned the ranks of women leading Fortune 500 companies. On Friday, another departure was added to the list: Denise Morrison announced she is stepping down as CEO of Campbell Soup. That leaves 23 women in charge of Fortune 500 companies, or...

Backpage CEO Wraps Up '3-State Guilty Plea Tour'

Carl Ferrer will testify against co-founders, face max of 5 years in Arizona

(Newser) - A laundry list of high-level staffers at Backpage.com are facing money laundering and facilitating prostitution charges , with one top executive now agreeing to testify against the rest of them. Per the AP , CEO Carl Ferrer has struck a plea deal in which he'll admit guilt to state and...

Goldman Sachs' Next CEO Has a Surprising Hobby

Co-president David Solomon likes to spin sick beats

(Newser) - One of Goldman Sachs' co-presidents, a part-time DJ, is set for promotion, while the other, a karate black belt, is packing his bags. Harvey Schwartz, appointed co-president when Gary Cohn left for the White House in December 2016, will leave the firm after its board of directors chose fellow co-president...

'We F---ed Up': A Year in Swearing CEOs

121 swear words uttered in conference calls in 2017

(Newser) - More than any other year on record, quarterly earnings conference calls were profanity-laced in 2017, thanks to a CEO complaining his work is "stressful as s---" and another admitting "we f---ed up." Quartz searched transcripts of conference calls compiled by data provider Sentieo to determine just how...

CEOs Plan to Sidestep Trump in White House Talks

They're distancing themselves from the president

(Newser) - America's business leaders are working on ways to distance themselves from President Trump without completely giving up on influencing the White House, analysts say. With the White House business advisory councils disbanded and CEOs steering clear of Trump after his remarks on Charlottesville, companies plan to try to deal...

2 More CEOs Resign From Trump Council

Intel, Under Armour chiefs are out

(Newser) - In what President Trump's critics say is turning into an exodus, two more CEOs stepped down from the president's American Manufacturing Council on Monday. The resignations of Under Armour CEO Kevin Plank and Intel CEO Brian Krzanich followed that of Merck Pharma CEO Kenneth Frazier, who was strongly...

Most-Loved CEOs Aren&#39;t Who You Think
Most-Loved
CEOs Aren't
Who You Think
Jun 21, 2017 11:33 AM CDT

Most-Loved CEOs Aren't Who You Think

Elon Musk comes in at No. 8

(Newser) - It's not much of a surprise that Travis Kalanick was left off Glassdoor 's list of the top 100 CEOs, based on opinions from the employees they manage. But what may come as a surprise are those on the top of the list, who inched past Mark Zuckerberg...

Female CEO Who Now Makes More Than Marissa Mayer

IBM's Virginia Rometty was compensated $32.3M in 2016, Mayer just $27.4M

(Newser) - Think "well-compensated female CEO" and Marissa Mayer is likely to come to mind, but the Yahoo CEO has been knocked off her perch as the highest-paid one, per an Equilar-AP analysis . The survey included only women CEOs who've been in their roles for at least two years at...

4 Execs Make 9 Figures
4 Execs Make
9 Figures
May 10, 2017 8:25 AM CDT

4 Execs Make 9 Figures

Elon Musk isn't far behind

(Newser) - Elon Musk didn't pull in nine figures in 2016—but as the fifth top-earning executive of the year, he was awfully close. Here are the five top-earning business executives of 2016, with their total salary, according to Bloomberg :

Your CEO Could Be an Actual Psychopath
Your CEO Could
Be an Actual
Psychopath
STUDY SAYS
Sep 14, 2016 6:25 PM CDT

Your CEO Could Be an Actual Psychopath

An Aussie study finds 1 in 5 are, at least in one industry

(Newser) - What do prisoners and CEOs have in common? The answer isn't the punchline to a joke, but the finding of an Australian study out of Bond University that says about 20% of chief executives are psychopaths, the Telegraph reports. The results—presented Tuesday at the Australian Psychological Society Congress...

The 10 CEOs Most-Loved by Their Employees

Mark Zuckerberg, Tim Cook make the list

(Newser) - It's no easy task to get 99% of employees to like you, but that's exactly what three CEOs have done, according to a Glassdoor survey. The recruiting firm ranked the highest-rated CEOs of major firms based on more than 2 million employee reviews, reports the Wall Street Journal...

Ashley Madison Punked Public With Fake Female CEOs

The women were paid by the interview to be company spokesmodels

(Newser) - At least three women were hired by Ashley Madison parent company Avid Life Media to pose as the presidents and CEOs of sister sites and were paid per interview. So reports the Financial Post in an exclusive investigation into the "trove of Avid Life’s corporate emails" that were...

11 American Jobs That Pay Over $100K

IT and marketing managers make the list

(Newser) - Want to pull in $100,000 a year? According to Bureau of Labor Statistics data, just 38 US occupations offer that much, and only 11 of them are common enough to employ over 100,000 people, 24/7 Wall St reports. Among those, here are the top five:
  1. Family and General
...

SEC: Companies Must Reveal Pay Gap of CEOs, Workers

SEC puts new rule into motion

(Newser) - Those worried about income inequality will soon have some tangible new figures at their disposal: The SEC today ruled that public companies must start revealing the pay gap between the CEO and a typical worker, reports the Los Angeles Times . Specifically, companies have to disclose median employee compensation—the figure...

Harvard Business School Is Bad for America
Harvard Business School
Is Bad for America

 
OPINION
Sep 17, 2014 12:37 PM CDT

Harvard Business School Is Bad for America

Robert Reich: It keeps churning out CEOs who boost profits at expense of all else

(Newser) - Decades ago, American CEOs were more like "corporate statesmen," writes Robert Reich at Salon . They looked after their shareholders, of course, but they balanced those interests with those of their workers, their communities, and their nation. Today, not so much. They're more like "corporate butchers,"...

Top CEOs Scored 16% Pay Rise Last Year: Study
 Top CEOs Scored 16% 
 Pay Rise Last Year 
STUDY SAYS
Jun 30, 2013 3:53 PM CDT

Top CEOs Scored 16% Pay Rise Last Year

Top salary of the year? $96.2M

(Newser) - So much for reining in CEO salaries. New research has found that the top 200 CEOs of public companies with at least $1 billion in revenue had an average pay package of $15.1 million last year—a pay-raise of approximately 16% from 2011, the New York Times reports. The...

Among Best-Liked CEOs, Only One Woman

Victoria Secret's Sharen Turney is it, and stereotypes might be to blame: Vivian Giang

(Newser) - A new survey that ranks how well CEOs are liked by their own employees has only one woman among its 50 names, notes Vivian Giang at Business Insider . Sharen Turney of Victoria's Secret is the only one to make it, and only then at No. 42. In trying to...

Employees Say the Top CEO in America Is ...

Mark Zuckerberg wins poll, tying with SAP's co-CEOs

(Newser) - Mark Zuckerberg may not be able to keep his investors happy , but those inside Facebook still love him. Zuckerberg just topped Glassdoor's latest list of the 50 highest-rated CEOs in the country, with a 99% approval rating from Facebook employees, reports PC Mag . Not surprisingly, Facebook employees also voted...

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