Pandemic or no, CEO pay rises again
NEW YORK – As COVID-19 ravaged the world last year, CEOs’ big pay packages seemed to be under as much threat as everything else.
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NEW YORK – As COVID-19 ravaged the world last year, CEOs’ big pay packages seemed to be under as much threat as everything else.
CEO salaries declined through last year, but soaring stocks more than offset the drop. Workers, however, were left behind by the market rally.
The retailer's stock price nearly doubled since the start of the pandemic.
Read more about Beyond the bottom line: The journey of newsmaker Deepinder Goyal on Business Standard. In FY21, the founder & CEO of Zomato took a steep pay cut from an annual Rs 3.5 crore to Rs 1.6 crore and waived his salary for 36 months starting April 1, 2021
Teva CEO Kåre Schultz got a $4 million pay bump in 2020, and he'll stick around at the Israel-based generics giant for another year, the company's proxy filing revealed. The company credits Schultz with guiding the drugmaker through a two-year cost cutting spree and slashing its spend base by $3 billion.