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On Tuesday, Deutsche Bank said that Anshu Jain, the incoming co-chief executive of Deutsche Bank, saw his compensation drop by 23 percent last year after the European sovereign debt crisis and turmoil in financial markets prompted a loss in the investment banking division.
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compensation dropped because cash bonuses were decimated by the financial crisis.
His compensation dropped as Barclays struggled to deal with the fallout from the sovereign debt crisis.
Morgan Stanley's profit declined 34percentt last year, to $3.6 billion, and the company's total compensation dropped by about 15percentt, he said.
Tellingly, Mr. Murdoch's and Mr. Carey's total compensation dropped between 2011 and 2012; Mr. Ailes's compensation rose, from $15.5 million the previous fiscal year.
In a Securities and Exchange Commission filing, Fairchild, which lost $21.3 million in the latest fiscal year, disclosed that Mr. Steiner's compensation dropped to $1.325 million on Jan . 12
A survey by Pearl Meyer of the proxies of 180 companies with the same boss in 2002 and 2003 found that overall compensation dropped from an average of $10m to $9.1m.
In the United States, for example, the share of income going to wages and other forms of labor compensation dropped from sixty-eight per cent in 1970 to sixty-two per cent in 2010 — a decline of close to a trillion dollars.
In the United States, for example, the share of income going to wages and other forms of labor compensation dropped from sixty-eight per cent in 1970 to sixty-two per cent in 2010 a decline of close to a trillion dollars.
Metro-Goldwyn-Mayer's Chief Executive Alex Yemenidjian's annual compensation dropped 5.5% last year, the film studio said in a filing with U.S. regulators.
Doers and doings in business, entertainment and technology: Metro-Goldwyn-Mayer's Chief Executive Alex Yemenidjian's annual compensation dropped 5.5% last year, the film studio said in a filing with U.S. regulators.
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