September 26, 2012 | Canada, CEO Pay, Headlines
(Source: Financial Post, September 24, 2012) OTTAWA — Claude Mongeau, Canadian National Railway Co. chief executive, says he is “deeply concerned” about the potential impact increased regulation will have on the rail industry and the Canadian economy as a whole. Full...
April 26, 2012 | CEO Pay, Headlines, War on Workers
(Source: CNN, April 19, 2012) WASHINGTON, D.C. — Chief executives at some of the nation’s largest companies earned an average of $12.9 million in total pay last year — 380 times more than a typical American worker, according to the AFL-CIO. Full story:...
June 28, 2011 | CEO Pay, Headlines
(Source: The Washington Post, June 27, 2011) WASHINGTON, D.C. — A group backed by 81 major companies is lobbying to keep secret how much more CEOs makes than their typical worker. Legislation forcing companies to publish their comparison was passed as part of a large...
May 2, 2011 | CEO Pay, Headlines
(the following appeared on the Florida Times-Union website on May 2, 2011.) JACKSONVILLE, Fla. — It happens every spring. As publicly traded companies prepare for their annual shareholders meetings, the companies issue proxy statements that include data on how much...
April 26, 2011 | CEO Pay, Headlines
(Bloomberg News circulated the following on April 19, 2011.) WASHINGTON, D.C. — Chief executive officers at 299 U.S. companies had combined compensation of $3.4 billion in 2010, enough to pay more than 102,000 workers, the AFL-CIO labor federation reported in a study....
March 28, 2011 | CEO Pay, Headlines, UP
(The Associated Press circulated the following on March 25, 2011.) OMAHA, Neb. — Union Pacific railroad increased the bonus it paid CEO Jim Young to $3.7 million for 2010 because he managed the railroad well as the economy began to improve, but Young’s total...
March 25, 2011 | CEO Pay, CSX, Headlines
(The Associated Press circulated the following on March 24, 2011.) NEW YORK — The CEO of railroad CSX Corp. received total compensation valued at $7.7 million in 2010, a 9 percent raise from 2009, according to an Associated Press analysis of a company regulatory...
March 25, 2011 | CEO Pay, Headlines, NS
(The Associated Press circulated the following on March 24, 2011.) NEW YORK — Norfolk Southern’s CEO saw his total compensation fall 9 percent last year despite strong growth in the company’s earnings and stock price, according to an Associated Press...
March 8, 2010 | CEO Pay, Headlines, NS
(The Associated Press circulated the following on March 5, 2010.) PHILADELPHIA — The CEO of Norfolk Southern Corp. received $10.9 million in compensation for 2009, 9 percent less than the prior year as the railroad operator grappled with the economic downturn,...
March 27, 2008 | CEO Pay, Headlines, KCS
(The Associated Press circulated the following story by David Twiddy on March 27.) KANSAS CITY, Mo. — The chairman and chief executive officer of Kansas City Southern received compensation valued at $5.2 million, a 63 percent increase over 2006, according to a...