Six C.E.O. Pay Packages That Explain Soaring Executive Compensation


“At a time when too many Walmart workers face stagnant wages and tens of thousands still qualify for public assistance, is paying your C.E.O. 1,188 times the median employee really the best investment for Walmart?” said Randy Parraz, director of Making Change at Walmart, a labor group. “Instead of pursuing billion-dollar stock buybacks and million-dollar C.E.O. payouts, Walmart needs to make the necessary investment to eradicate poverty within and among its own work force.”

Stephen Wynn, former C.E.O. of Wynn Resorts

Total Reported Compensation: $34,522,695
Pay Ratio: 909

In January, Steve Wynn, the casino mogul, was accused of decades of sexual abuse. Within two weeks, he had resigned, and in March, he agreed to sell his stake in the company.

Mr. Wynn remains an extremely wealthy man, and was among the highest-paid chief executives in the country last year. He is worth about $3 billion, according to Forbes, and even though he will not receive severance pay, he was awarded $34.5 million last year — an amount that the median employee at his company would have to work more than 900 years to earn.

Michael Weaver, a Wynn spokesman, pointed out that shareholders fared well last year despite the allegations against Mr. Wynn.

“Steve Wynn’s 2017 compensation should be considered in comparison to the 97 percent shareholder return that same year,” he said in an email.

There is another wrinkle in Mr. Wynn’s pay package worth noting. Mr. Wynn, a major Republican donor, appears to have taken advantage of changes to the tax law. Wynn Resorts paid eligible employees their 2017 bonuses in December, rather than in the beginning of 2018, according to Equilar. Executives who got those bonuses owed more taxes that year, but the company offered them tax equalization payments to cover the charges. The net result of this maneuvering is likely to save the company money on this year’s tax bill, according to Equilar.

Margaret Georgiadis, former C.E.O. of Mattel

Total Reported Compensation: $31,275,289
Pay Ratio: 4,987

Ms. Georgiadis, a former Google executive, arrived at Mattel with great fanfare last year, a technology executive recruited to turn around a toy business being disrupted by online shopping.


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