In 2016, he received big grants of stock options and restricted shares that would be his if Charter’s share price exceeded certain thresholds over the coming years. Four of the top 10 on the Bloomberg Pay Index are tech executives: Cook, Alphabet Inc.’s Sundar Pichai, Microsoft Corp.’s Satya Nadella and Robert Swan of Intel Corp. (Cook has said he will donate most of his money to charity. That put the board in a difficult position, forcing it to balance between offering enough to attract solid candidates but not so much as to draw the ire of the public and lawmakers and further damage its already tattered reputation. The people who run these firms are paid a lot of money — in 2019, executives in the financial services industry were earning an average of $US8 million in total reported compensation. //<! No one embodies this better than Elon Musk, the space and electric-car titan who was the highest-paid executive in the U.S. for 2019 with $595.3 million, according to the Bloomberg Pay Index. He has committed to major cuts within the company. Like Musk, most executives on the index aren’t guaranteed to pocket all, or even most, of their packages. While it’s smaller than those handed to the heads of rivals such as JPMorgan Chase & Co. and Bank of America Corp., it tops the annual pay given to Scharf’s two immediate predecessors, who both left amid the fallout from the fake-accounts scandal. (A neighbor hates mine), Where to eat in Orange County in 2020: A guide to the best places, How The Blind Pig got national publicity — it was a case of mistaken identity, Back rent in California nearing $1.7 billion, Fed study finds, Amazon Fresh opens in Porter Ranch, company’s 3rd Southern California grocery store, Bubble Watch: 33% of Southern California homebuyers paying above list price, Wall Street scuffles as worsening pandemic slows its rally, The Home Stretch newsletter and its new Bubble Watch edition. Tallest American Christmas tree reaches San Clemente, Some temporary license plates have a different look — for now, Amazon Fresh grocery store opens at Irvine Market Place, Disney California Adventure to reopen Buena Vista Street for shopping and dining, Man found shot to death inside Newport Beach house, suspect arrested, Mail ballots from the dead, and other rarities. The index’s figures can therefore differ from those disclosed in filings—sometimes by a lot—depending on stock-price changes and dividends. You can also search for a specific executive or company using the search bar. CLICK HERE TO TURN ON NOTIFICATIONS. Going back in time—the financial crisis of 2008 was triggered by the […]

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