Mr. Ericsson left Citadel in June, but he won’t start at Millennium until September. Firms like Millennium, which manages about $50 billion, are offering such enormous pay packages that traders […]
Executive Compensation
Trending topics and news from the Executive Compensation category
Back to news homeWhy Is It So Hard to Talk About Salary, Especially at Work?
The pressures to keep quiet, and the stakes of doing so, are heightened for women of color, who are told in subtle and unsubtle ways that they will face consequences […]
For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
Investment banking revenue in the United States is expected to have dropped more than 50 percent from last year, to nearly $35 billion through mid-December, according to the data provider […]
Elon Musk’s Twitter Role Puts Tesla Board Under New Scrutiny
Since Elon Musk took over Twitter last month, his stewardship of the social network has been marked by turmoil, intrigue and no shortage of questions. Here’s one: How much time […]
Elon Musk Testifies He Had Little Say in His Giant Tesla Pay
Elon Musk testified on Wednesday that he was not involved in the discussions among Tesla board members about a 2018 pay package that granted him billions of dollars in stock […]
Revenge of the Founders: A Generational Struggle on Wall Street
Last year, KKR gave its two chief executives pay packages that could be worth more than $500 million each, and over the past five years, Blackstone paid its co-founder and […]
Amtrak Rewarded Executives With Six-Figure Bonuses as Rail Service Struggled
John Samuelsen, the president of the Transport Workers Union, whose members include nearly 1,500 service workers, mechanics and inspectors at Amtrak, said he was disgusted by the payouts.“They gave themselves […]
Crypto Crash Widens Divide Between Rich and Amateur Traders
ENGLEWOOD, Colo. — The cryptocurrency market was in ruins. But Tyler and Cameron Winklevoss were jamming.The billionaire twins, best known for their supporting role in the creation of Facebook, twirled […]
How Elon Musk and Tesla Helped Make C.E.O Pay Even Richer
While those compensation totals are taken from the company’s financial filings, they are often estimates driven by the companies’ attempts to value the stock their chief executives might receive. As […]
How Jack Welch’s Reign at G.E. Gave Us Elon Musk’s Twitter Feed
When Jack Welch died on March 1, 2020, tributes poured in for the longtime chief executive of General Electric, whom many revered as the greatest chief executive of all time.David […]