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Union Pacific CEO made $9.8M in 2007

(The Associated Press circulated the following on March 13.) OMAHA, Neb. — Union Pacific Corp. President and CEO Jim Young received 25 percent less compensation during his second year in the railroad’s top job, even though he received a bigger bonus and the...

Union Pacific CEO received $13 million in 2006

(The Associated Press circulated the following article on March 29.) OMAHA, Neb. — Union Pacific President and Chief Executive Jim Young received compensation the company valued at $13,043,583 in 2006 while the nation’s largest railroad continued to reap robust...

CN profit a boon for top brass

(The following article by Brent Jang was posted on the Globe and Mail website on March 23.) TORONTO — Canadian National Railway Co.’s top five executives had multimillion-dollar pay packets last year, when the company posted a record $2.1-billion profit. Hunter...

AFL-CIO calls for executive pay reforms in U.S.

(Reuters circulated the following article by Emily Chasan on April 11.) NEW YORK — The AFL-CIO, a federation of U.S. labor unions, on Monday called on the shareholders of several U.S. corporations to reform chief executive pay packages so executives focus more...

Snow was paid $243,000 by CSX in 2003

(The Associated Press circulated the following story on March 30.) WASHINGTON, D.C. — Treasury Secretary John Snow, a former railroad executive, was paid a base salary of $129,404 by CSX Corp. in 2003, according to a company filing with the Securities and...

Proposals could curb CSX executive pay

(The following story by Mark Basch appeared on The Florida Times-Union website on March 31.) JACKSONVILLE, Fla. — Michael Ward made considerably less money in his first year as chairman and chief executive officer of CSX Corp. than his predecessor, current U.S....