Topic: Employee Compensation
CIT sets John Thain's salary at $6 million a year
Reuters US Online Report Business News
NEW YORK (Reuters) - CIT Group Inc <CIT.N> said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1.5 million, in a nod to compensation practices popularized by ...
Goldman CEO Blankfein gets $9M stock bonus for 09
AP News
Goldman Sachs CEO Lloyd Blankfein receives $9 million stock bonus for 2009Goldman Sachs Group Inc. CEO Lloyd Blankfein is getting a $9 million stock bonus for 2009, a modest payday by Wall Street standards that appears aimed at quelling criticism of the bank's compensation practices. Blankfein will receive more ...
JPMorgan CEO Dimon gets $16M stock bonus for 2009
AP News
JPMorgan Chase CEO Jamie Dimon receives $16 million stock bonus for 2009JPMorgan Chase & Co. CEO Jamie Dimon received a stock bonus valued at nearly $16 million for 2009 after steering the big bank through the aftermath of the financial crisis, the company said Friday. Dimon's bonus carries several ...
Bristol-Myers Squibb to freeze salaries in 2010
AP News
Bristol-Myers Squibb says it will stop all non-mandated salary raises in 2010 to cut costsDrugmaker Bristol-Myers Squibb Co. says it is freezing employee salaries for 2010 as it cuts spending and prepares for a drop in sales of its blockbuster blood thinner Plavix. The New York drugmaker says it will ...
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