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Companies Swallow $2.1 Billion in Taxes as Executive Pay Climbs

Tesla, Howmet and others rack up bigger tax bills after Congress limits deductions for executives and pay over $1 million
The Wall Street Journal
Original publication date: 
Thursday, July 21, 2022 - 17:50

Companies are racking up hundreds of millions of dollars in income taxes on pay for top executives, a growing bill that in some cases makes up a sizable chunk of their annual tax expense.

Salaries, Perks & Pensions!

IRE Journal
Original publication date: 
Thursday, July 31, 2003 - 00:00
 Sounds like the latest game show, doesn't it?

Zynga has given its new CEO big incentives to sell the company

don mattrick zynga ceo

US social-gaming company Zynga hasn’t just given its new chief executive a pay package worth as much as $100 million over five years. It has also structured the package in a way that could encourage him to try to sell the company sooner rather than later.

McDonald’s to Costco: You’re too cheap for us

ronald mcdonald mcdonald's

McDonald’s and Costco would seem to have a lot in common, what with their relentless pursuit of cost-conscious consumers in the name of value.

But this month, the fast-food giant snubbed the US warehouse shopping club, dropping it from among two dozen or so competitors, consumer-product companies and retailers that McDonald’s uses to assess executive pay.

In an era of global corporations, the Swiss pay referendum may matter more than you think

Quartz
Original publication date: 
Tuesday, March 12, 2013 - 00:00

The Swiss have spoken. Now the lawyers are trying to make sense of it all.

Lucrative Consulting Fees Reach Bigger Set

The Wall Street Journal
Original publication date: 
Monday, November 19, 2012 - 19:45

When Samuel J. Palmisano retires next month, he'll enjoy a generous goodbye present: The former International Business Machines Corp. chief will earn $20,000 for any day he spends four hours advising his longtime employer.

Well-Hidden Perk Adds Up To Big Money for Executives

Deferred-Compensation Plans Give Tax Benefits, But Are Poorly Disclosed and Add to Liability
The Wall Street Journal
Original publication date: 
Friday, October 11, 2002 - 00:00

Last year, John R. Stafford, chairman of pharmaceutical giant Wyeth, earned $1.8 million in salary. He also was awarded a $1.97 million bonus, restricted stock valued at $724,283 and 630,000 stock options.

That much shareholders can learn from glancing at the company's proxy.

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