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The supersize era
In June, Tesla shareholders reaffirmed their intention to award the largest CEO compensation package in history to the automotive company’s controversial leader, Elon Musk. Valued as high as $56 billion, the deal had previously been thrown out by a Delaware judge, citing a failure by members of Tesla’s board to disclose conf[...]
Them’s the brakes
Total compensation for S&P 500 CEOs nationwide last year marked its smallest year-over-year increase since 2015, with pay increasing 0.9% from 2021. Here in Virginia, CEOs faced even greater headwinds — their total pay increased just 0.3% from 2021 to 2022, down from a 4.9% increase between 2020 and 2021. The slowdown was [...]
DXC rejects buyout proposal from Asian firm
Ashburn-based Fortune 500 company DXC Technology Inc. has ended buyout talks after a “financial sponsor” failed to raise enough capital, the company announced Monday. DXC was approached in late September 2022 after receiving interest from a private equity firm and worked with advisers on the potential takeover, the c[...]
All about the Benjamins
After a tumultuous and unpredictable pandemic year, the executives leading Virginia’s largest publicly traded companies still brought home sizable pay increases in 2020. While median salaries for Virginia’s top CEOs were down 0.7% in 2020, and their median bonuses were down 10.6%, last year Virginia’s top executives saw a [...]
Nothing to complain about
Virginia’s top-paid CEOs brought home an average total compensation of $6.68 million each in 2019. That’s not too shabby, considering their average annual base salary was $900,218. Conducted by Redwood City, California-based executive compensation firm Equilar, Virginia Business’ most recent top executive pay report examin[...]
Bringing in the big bucks
Virginia’s CEOs received an average pay increase of 12.5% last year, with the top earner reaping $39 million
Market boom lifts CEO pay in Virginia
CEO pay: 2014 salaries rose 4.7 percent, bonuses nearly 6 percent, for Virginia’s top public execs
