All articles tagged with #ceo salaries
Pope Leo XIV criticized the disparity between CEO and worker salaries, highlighting Elon Musk's trillion-dollar compensation, and emphasized concerns over income inequality and societal polarization during his first media interview as pope.
Despite a recession and layoffs, media and tech CEOs continue to receive high compensation packages, with some even receiving double-digit bumps. The most eye-popping pay packages are usually inflated by stock options that can't be immediately cashed in but can still provide the wrong kind of incentive to keep stock prices high. Shareholder advocacy groups criticize the lack of correlation between CEO compensation and company performance, with some CEOs receiving millions in bonuses, salaries, and perks.