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    [0206nabors]

    Nabors Ex-CEO Waives Claim

    Eugene Isenberg agreed to waive his right to a $100 million termination payment that was triggered when oil driller Nabors Industries replaced him as CEO.

  • Goldman Cuts Blankfein's Bonus

    Goldman Sachs cut CEO Lloyd Blankfein's stock bonus for the first time since the financial crisis, the latest sign that Wall Street executives are paying for a year of mixed financial performance.

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    [0129hesterJPG]

    RBS Chief Won't Take Bonus

    Royal Bank of Scotland said its chief executive will waive his bonus for 2011, after a particularly fierce public and political outcry over the size and timing of the award.

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    [LEAR]

    The CEO Bankruptcy Bonus

    As companies struggle through bankruptcy court, many still pay significant bonuses to top executives – despite a federal rule designed to curb such pay.

  • Bonuses Pinched for Bank CEOs

    The numbers are the latest sign that giant banks and securities firms are tightening their rein on pay following a year of mostly disappointing financial performance and significant share-price declines.

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    [Disney]

    Disney CEO Iger Paid $31.4 Million

    Walt Disney Co. Chief Executive Robert Iger received compensation valued at $31.4 million for 2011, according to a filing with the Securities and Exchange Commission

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    [DIGETS.SUB]

    Qualcomm CEO's Pay Up 23%

    Qualcomm CEO Paul Jacobs saw a 23% bump in his total compensation in the last fiscal year, benefiting from an increase in stock awards and his cash incentive plan.

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    [lloyds]

    Lloyds CEO to Waive 2011 Bonus

    The chief executive of Lloyds Banking Group, Antonio Horta-Osório, will waive his 2011 bonus, after his recent return from a leave of absence and as pressure mounts on banks over large pay packets.

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    Bonuses Sink at Morgan Stanley

    Morgan Stanley plans to tell employees this week that bonuses will drop sharply, with cash payouts capped at $125,000.

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    Yahoo CEO to Get $1 Million Salary

    Yahoo's newly-appointed Chief Executive Scott Thompson will receive a $1 million salary in addition to a $1.5 million cash bonus and $22.5 million in potential stock awards.

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    [0110apple]

    Apple CEO Was Paid $378 Million

    Apple said it gave CEO Tim Cook compensation worth nearly $378 million last year, drawing a sharp contrast to the $1 salary traditionally earned by former CEO Steve Jobs.

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    Verizon Details $20 Million More in Pay

    Verizon has agreed to increase by $20 million the total disclosed pay for former CEO Ivan Seidenberg, but the recently retired executive won't be getting any more money.

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    H-P to Limit Severance for Ousted Executives

    H-P, still smarting from criticism over exit packages it awarded to ousted CEOs, will limit severance payments for senior executives who are pushed out.

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    Nabors Comes Under Pressure

    Public pension funds in five states pressured Nabors Industries to list competing board candidates on official ballots. The oil-drilling contractor has been under attack for its executive-pay practices.

  • [NABORSPAY]

    SEC Probes Executive Perks, Jets

    Nabors, the oil-drilling contractor whose chairman is set to receive $100 million for relinquishing his CEO title, said the SEC is investigating executive perks, including personal flights on company jets.

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    Wall Street to See Smaller Bonuses

    Wall Street bonuses are set to shrink by an average of 20% to 30% from last year, with even steeper declines for bond traders, according to a widely watched compensation survey.

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    Apple Rewards Top Executives

    Apple awarded a host of senior executives lucrative stock-option grants, as the company seeks to retain its senior bench after the death of co-founder Steve Jobs.

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    [CHESAPEAK]

    Chesapeake Tweaks Big Payday

    Chesapeake Energy agreed to settle a shareholder lawsuit by making corporate governance and compensation changes, including having its founder repurchase maps he sold to the company for $12 million.

  • [parachute1031]

    Mergers Open 'Golden Parachutes'

    At least four chief executives are in line for payouts of more than $50 million from "golden parachutes" opened by pending acquisitions, according to an analysis of SEC filings.

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    El Paso CEO Set for $91 Million in Exit Pay

    El Paso CEO Douglas Foshee is in line for exit pay of $91 million following El Paso's sale to Kinder Morgan. It would be one of the largest ever packages for a CEO following a merger.

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    'Overpaid' CEOs Stay 'Overpaid'

    Chief executives who are paid generously at the outset will get the biggest pay increases and the smallest pay cuts over the course of their tenure, regardless of company performance, according to a new study.

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    [NEWSCORP]

    News Corp. Alters Board

    News Corp. nominated venture capitalist James Breyer to its board and said two current directors will leave, in a shakeup that adds a new outside voice to the company's board as it faces criticism of its corporate governance.

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    Borders' Severance Payments Cleared

    A bankruptcy judge cleared Borders Group Inc. to make $500,000 in severance payments to four company "insiders," including its former chief executive, Mike Edwards.

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    Big Pay as CEO Leaves Penney

    Myron Ullman will carry a big exit package when he steps down as CEO of J.C. Penney early next year.

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    [LOSERS_jah]

    Motorola CEO Gets $62 Million If He Exits

    Sanjay Jha, Motorola Mobility's CEO, could gain more than $62 million if he leaves Google in the next two years.

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    Some Companies Restart Pay Raises

    While U.S. companies have slowed down hiring this year, some even announcing layoffs, some are raising salaries.

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    Directors See Uptick in Compensation

    Director rewards continued their upward trajectory, hitting a median of more than $200,000 last year, concludes an analysis by management consultancy Hay Group.

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    A 'Yes' in Say on Pay

    Congress gave shareholders a new "say on pay" over executive compensation. And the returns are in: At 98.5% of companies, the answer was yes.

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    [0629dooleyjpg]

    Pay Up 19% for Finance Chiefs

    Median pay for chief financial officers of S&P 500 companies surged 19% to $2.9 million last year, according to a Wall Street Journal survey.

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    [NISSAN]

    Nissan CEO Still Holds a Top Spot in Pay

    Nissan Motor CEO Carlos Ghosn held on to his place as the highest-paid foreign executive at a listed Japanese company in the last fiscal year with $12.1 million in total compensation.

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    Pay Rebounds for Goldman Executives

    Goldman Sachs paid its top five executives a total of $69.6 million in cash and stock last year as the firm rebounded from the austerity measures imposed during the financial crisis.

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    Pay for Top AIG Executives To Fall 2% in 2011

    The top 25 executives at American International Group will earn 2% less than they did in 2010 under a plan approved by the U.S. Treasury Department's pay czar.

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    Ford CEO Mulally Receives $26.5 Million

    Ford paid CEO Alan Mulally more than $26.5 million in salary and stock compensation last year, one of the auto maker's most profitable years ever.

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    Comcast CEO's Pay Grew 14% in 2010

    Total pay for Comcast CEO Roberts increased 14% to $31.1 million in 2010, while his No. 2, Steve Burke, received $34.7 million in compensation last year.

  • Report Cites Fannie, Freddie Executive Pay

    A federal watchdog criticized federal regulators' oversight of executive pay packages for top officials at Fannie Mae and Freddie Mac in a report published Thursday.

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    ConocoPhillips CEO Compensation Rises 25%

    ConocoPhillips Chief Executive Jim Mulva received about $17.9 million in total compensation in 2010, a 25% increase from the previous year.

  • [borders0325]

    Borders Seeks Bonus Payout

    Borders Group is seeking bankruptcy court approval to hand out more than $8 million in executive bonuses, including nearly $1.7 million to President Mike Edwards.

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    NVR CEO Gets Fat Pay Package

    One of 2010's biggest executive-pay packages—valued at nearly $31 million—went to the CEO of a home builder.

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    Credit Suisse CEO's Pay Falls By A Third

    Credit Suisse Group Chief Executive Brady Dougan's overall pay fell by a third in 2010 and he didn't receive a cash bonus, after the bank's net profit dropped 24%.

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    Occidental CEO's Pay More Than Doubled in 2010

    Occidental's CEO was paid $76.1 million last year, more than double his haul the previous year, but new policies at the oil company will make it harder for top executives there to earn as much in the future.

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    GM's CFO Compensation to Top $4 Million

    General Motor's new finance chief, Daniel Ammann, will receive a base salary of $750,000 and stock options valued at almost $3.5 million when he steps into the new role next month.

  • [RAISE.1]

    Cities Find Cash for Managers' Raises

    Pay raises for civic officials rarely play well, especially in austere times. But dozens of counties and other entities are approving pay increases, citing a need to retain experienced people.

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    ING's CEO Gives Up Bonus Amid Anger

    ING Groep CEO Jan Hommen will give up his bonus for 2010 in response to public anger. At the same time, Dutch parliament voted to fine all Dutch financial companies that received a bailout, including ING and Aegon, for paying bonuses since 2008.

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    Wells Fargo CEO Total '10 Pay Is Valued at $19 Million

    Wells Fargo restored cash bonuses for top executives last year, after being restricted as a condition of the government aid that helped the industry through the financial crisis, and gave CEO John Stumpf compensation valued at $19 million.

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    Credit Suisse CEO's Bonus Blues

    Credit Suisse boss Brady Dougan is likely to reap nothing this year from the long-term bonus program that delivered him a $77.8 million windfall last year, because the bank's stock failed to meet minimum limits.

  • [BONUS_2]

    Executive Bonuses Bounce Back

    CEO bonuses at 50 major corporations jumped 30.5%, the biggest gain in at least three years, according to a study by Hay Group for The Wall Street Journal.

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    Google Doles Out Big Bonuses

    Google granted nearly $60 million in bonuses and stock awards to four senior executives, including business chief Nikesh Arora and engineering head Alan Eustace.

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    UBS CEO Will Forgo Bonus

    UBS Chief Executive Oswald Gruebel won't accept a bonus for 2010, despite the bank's having returned to profit last year and halted massive outflows of wealthy client funds.

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    AmEx's CEO Got $16.8 Million in Pay Last Year

    American Express Chief Executive Kenneth I. Chenault received total compensation valued at $16.8 million in 2010 as the company posted healthy gains in profit fueled by higher consumer spending and lower loss reserves.

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    [BP]

    BP Denies Bonuses to Top Executives

    Criticized for its handling of the Gulf of Mexico oil spill, BP's board denied bonuses to three executives responsible for operations during the Gulf of Mexico oil-well disaster.

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    Beazer CEO to Return Incentive Pay

    Beazer Homes' CEO agreed in a settlement with the SEC to repay $6.5 million and return tens of thousands of company shares he got while Beazer was filing allegedly fraudulent financial statements.

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    [JNJ]

    J&J CEO's Total Pay Falls 7%

    The value of J&J CEO William Weldon's compensation for 2010 dropped 7% from 2009, as his performance bonus was reduced to reflect a series of product recalls and a decline in overall sales.

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    J&J CEO's 2010 Bonus Cut by 45%

    J&J slashed CEO William Weldon's performance bonus by 45% for 2010, a year in which the company issued a series of product recalls.

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    [BONUSES]

    Wall Street Bonuses Head South

    Wall Street cash bonuses shrank by roughly 8% last year despite strong profits, according to New York State Comptroller Thomas DiNapoli, reflecting the changing compensation culture on Wall Street.

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    Citi Sets Up Profit-Share Plan

    Citigroup instituted a new profit-sharing plan for a few dozen top executives, giving them a small share of the company's profits over the next two years.

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    J.P. Morgan's Dimon Gets $17 Million Bonus, Tops on Street

    J.P. Morgan Chase Chief Executive James Dimon received a 2010 stock bonus valued at $17 million, the biggest bonus for a big-name Wall Streeter so far this year.

  • Pushing Pay to Currency of 'Low Risk'

    The more you risk, the less you make? It sounds contrary to everything we know about making money, especially on Wall Street. But that appears the intent of new rules on banker pay.

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    Citigroup Hands Out Stock Options

    Citigroup disclosed awarding six-year stock options for 15 top executives covering 18.2 million shares of the financial services company.

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    [BONUSES]

    Big Banks Confront New Bonus Onus

    The FDIC board has proposed a draft rule that would force the nation's biggest financial firms to hold on to at least half the bonuses paid to top executives for three or more years.

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    Believe It: Bankers' Pay Takes a Tumble

    It seems impossible to suffer while making $1.6 million a year. So it was with a tinge of embarrassment that the confession poured out last week. "It's not a lot of money."

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