PanAm747
Topic Author
Posts: 4713
Joined: Mon Mar 01, 2004 4:46 am

Wow!-CEO Salaries

Thu Jul 19, 2001 6:28 am

Check out this link:

http://www.aflcio.org/cgi-bin/aflcio.pl

They show Delta's making about 35 mil. and Southwest's 1 mil.

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N400QX
Posts: 1981
Joined: Sun May 06, 2001 9:51 am

RE: Wow!-CEO Salaries

Thu Jul 19, 2001 6:51 am

It's from the AFL-CIO, so it is probably inflated.

For example, it shows Starbucks CEO making $13.8 million. But last year, according to the Seattle Times, Howard Schultz, Chairman and CEO of Starbucks Corp., only made $700,000.
 
flyf15
Posts: 6633
Joined: Tue May 18, 1999 11:10 am

RE: Wow!-CEO Salaries

Thu Jul 19, 2001 7:19 am

The salary is often quite small (relatively). Its the stock options, bonuses, etc that boost the income of CEOs into the stratosphere.
 
N400QX
Posts: 1981
Joined: Sun May 06, 2001 9:51 am

RE: Wow!-CEO Salaries

Thu Jul 19, 2001 7:28 am

That is true, but that website details income, stocks, etc. It's way off, still...

Typical of an organization such as the AFL-CIO, though.
 
blink182
Posts: 5278
Joined: Mon Oct 18, 1999 3:09 am

RE: Wow!-CEO Salaries

Thu Jul 19, 2001 9:42 am

Dang, I wish William B. Harrison Jr. CEO of J.P Morgan he made $102,567,856.
rgds,
blink182
Give me a break, I created this username when I was a kid...
 
JetService
Posts: 4611
Joined: Mon Feb 21, 2000 1:12 pm

RE: Wow!-CEO Salaries

Thu Jul 19, 2001 10:45 am

If my CEO were working at an hourly wage, he would make my annual salary in 90 minutes.
"Shaddap you!"
 
cfalk
Posts: 10221
Joined: Mon Dec 04, 2000 6:38 pm

RE: Wow!-CEO Salaries

Thu Jul 19, 2001 3:25 pm

I'm curious. When they say that CEO of XYZ Inc. got a salary of $1 million and options worth $20 million, do they give the total share value implied by the optioned shares, or do they give the net difference between the current stock price less the call price of the option, times the number of optioned shares? The later would be much more accurate (and lower), but doesn't look as good in the newspapers.

Charles
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We're Nuts
Posts: 4723
Joined: Sun Jun 04, 2000 6:12 am

RE: Wow!-CEO Salaries

Thu Jul 19, 2001 4:03 pm

American - $16,000,000

Mesa - $2,000,000

Those are the only other two airlines I see.
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