CEO pay up 17% as profits, stocks soar; employees fall behind
Compensation for CEOs who run the largest companies in America jumped to an average of $14.5 million.
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Compensation for CEOs who run the largest companies in America jumped to an average of $14.5 million.
3 Min Read (Reuters) - Apollo Global Management Inc said on Thursday it had appointed former U.S. Securities and Exchange Commission (SEC) chief Jay Clayton as its lead independent director to improve corporate governance in the wake of an inquiry into Chairman Leon Black’s ties to late financier and convicted sex offender Jeffrey Epstein. FILE PHOTO: Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, speaks at the Economic Club of New York luncheon in New York City, New York, U.S.,September 9, 2019. REUTERS/Shannon Stapleton The review found that Black, who co-founded Ap...