Top Tweets for #execpay

Apple $AAPL proxy published this evening. Quick observations: - Tim Cook coming in at $74 million (with base salary making up just 4% of that), virtually identical to the '24 calc - Security expenses for Cook: ~$888k (13% increase from yr prior) - Cook's personal air travel: ~$790k (20% increase from yr prior) - Board directors made on avg $453k - Just ONE shareholder proposal this year, the lowest number in ~ two decades #CorpGov #ExecPay #CEOpay

Bank of America $BAC 8-K from yesterday. CEO getting a possible **22%** raise due to... Net income: $30.5 billion (^ 13%) Diluted EPS: $3.81 (^ 19%) Revenue: $113.1 billion (^ 7%) ROA: 0.89% (7 bps ^) ROE: 10.6% (106 bps ^) 25% stock price increase Operational improvements: 250 bps operating leverage, 147 bps efficiency ratio improvement to 62% #CorpGov #ExecPay #CEOpay

WALL STREET BANKS ARE PAYING THEIR CEOS LIKE IT’S 2006 AGAIN Top U.S. bank CEOs are earning $40 million or more again — the richest payouts since before the 2008 crisis. Goldman Sachs Group Inc. CEO David Solomon led the group at $47 million. Citigroup Inc. raised Jane Fraser’s pay to $42 million, and Bank of America Corp. lifted Brian Moynihan’s to $41 million. The surge follows a banner year for banks, with strong profits from trading, lending and dealmaking. Unlike 2007 — when firms like Lehman Brothers Holdings Inc. collapsed — today’s payouts come under tighter rules shaped by the Dodd-Frank Act.