CEO pay, perks' salad days

Endicott, R. Craig
December 2001
Advertising Age;12/3/2001, Vol. 72 Issue 49, pS8
Trade Publication
The article highlights a report focusing on chief executive officers'(CEOs) compensation in the United States during 2000. According to the report, the compensation leader among the industry's CEOs was Sanford Weill of Citigroup, at $224.9 million total compensation, most of it realized from exercising 20 million options. The report also showed that growth in non-salary areas of compensation is in large part related to the government's elimination of tax deduction for the salary portion above $1 million and the concomitant linking of executive performance to stock movement.


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