After years of secrecy about presidential earnings, FIFA on Thursday disclosed its disgraced former leader's pay package three weeks after his employment officially ended.
UBS and Aviva are among a growing number of companies under pressure from shareholders for handing out large pay packages while earnings and share prices decline.
Others argue that bankers are simply concerned about their bonuses, as shareholders will likely call for lower pay packages as a result of lower earnings.
Britain's Universities Superannuation Scheme, a £20 billion ($36 billion) pension fund, is concerned about executive pay packages that encourage short-term boosting of earnings per share.
But a loophole to the change allows "performance-based" income (pay packages like stocks that are directly tied to company's share performance, earnings or market share) to exceed the $1 million limit.
Other measures of company success, such as total earnings, pre-tax profit and earnings per share, were up over the period but they were dwarfed by the rise in pay packages.
A slowdown in orders also resulted in 20 cutbacks in production, which hurt earnings in the industrial packaging business.
Increased competition and weaker demand for bleached board cut into earnings in its consumer packaging business, although prices remained steady, the company said.
Profit excluding some costs, as well as earnings from a protective-packaging business that Alcoa plans to sell, was $302 million, or 34 cents a share.
People tend to demand this kind of simplicity, and the single, conveniently packaged net earnings figure has always seemed to fill the bill perfectly.
