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A new principles on the role of a corporation released Monday implies a foundational shift, putting shareholders on more equal footing with others that have an interest in a corporation to some degree – a group that includes workers, suppliers, customers and, essentially, society at large.
Charlotte Nemec has been at the helm of Spokane Federal since June. She rose up the ranks from human resources specialist to overseeing the credit union, which has more than 47 employees, three branches and $154 million in assets.
When asked in an interview with Freakonomics Radio earlier this year why there are so few female CEOs leading big corporations today, outgoing PepsiCo CEO Indra Nooyi pointed largely to work-life balance and a leaky pipeline as big culprits.
Public companies, under new federal rules, are now disclosing their workers’ median annual pay and showing how that number stacks up against what the CEO makes. The data shed some light on employee pay — but it’s a mixed bag with many unknowns.
As of this writing, about 100 businesses, 80 university presidents, three governors and 30 mayors have announced their intention to stick with the Paris program.
The image most people have of a straight-from-central-casting CEO is usually something like the following: An extroverted, charismatic, confident executive who climbed a mistake-free ladder to the top with a degree from an elite school.
WASHINGTON – Pay for globe-trotting CEOs has soared to new heights, even as most workers remain grounded by paychecks that are barely budging. While pay for the typical CEO of a company in the Standard & Poor’s 500 stock index surged 8.8 percent last year to $10.5 million, it rose a scant 1.3 percent for U.S. workers as a whole. That CEO now earns 257 times the national average, up from a multiple of 181 in 2009, according to an analysis by the Associated Press and Equilar.
Deaconess Hospital and Valley Hospital are searching for new leaders after both CEOs announced their departures. Deaconess CEO Bill Gilbert left the hospital in April after accepting a corporate position with the hospital’s owner, Community Health Systems.