Tech firms dominate highest-paying companies list
Once again, technology companies and consultancies have taken the top spots in the latest list of employers with the highest median compensation in the United States.
Compensation
Articles
Cook Group CEO leads smaller list of Indiana billionaires
Hotel and billboard magnate Dean White, who had been a fixture in the annual rankings by Forbes for years, fell from the list after his death in September at 93.
New commerce chief Schellinger could make up to $300,000
A revamped Indiana Economic Development Corp. pay structure awards its executives incentive pay if they meet certain performance metrics.
Carmel City Council moves salary proposals to finance committee
Proposed ordinances that would increase pay for elected officials and city employees in Carmel have been sent to the city council’s finance committee for discussion when it meets Oct. 10.
Carmel clerk-treasurer opposes salary ordinance, claims discrimination
Carmel Clerk-Treasurer Christine Pauley is publicly opposing a proposed salary ordinance that gives significant increases to the mayor and City Council members while limiting her pay hike. She claims she has been discriminated against and harassed by the council.
Carmel elected officials could receive big pay raises
Under the salary ordinance that will be introduced at the Carmel City Council meeting on Monday, Mayor Jim Brainard, Judge Brian Poindexter and council members would all see double-digit percentage hikes in their salaries.
Republic Airways’ executive-bonus plan could face headwinds
If a bankruptcy judge approves the incentive plan, six senior executives of the commuter carrier would split as much as $4.7 million in bonuses over the next three quarters.
Colts’ challenge: Pay up for Luck without emptying coffers
The Colts want to avoid past mistakes, when the team devoted so much of its salary cap to Peyton Manning that it took a herculean effort to build a solid roster around him.
Local not-for-profit execs’ pay lags that of U.S. peers
Compensation for the highest-ranking officials of Indianapolis’ largest not-for-profits falls short of pay at many similar-size organizations throughout the country.
HHGregg snags new exec from New York chain
The appliance and electronics retailer has hired its fourth chief merchandising officer in about three years, snagging a veteran executive who will move on from a much smaller chain.
Fishers council set to vote on first mayor’s salary
Fishers’ first mayor will be paid more than the chief executives of nearby suburban cities if the Town Council approves a 2015 salary ordinance set to be introduced Monday.
Simon CEO’s bonus reversal still triggers investor suit
Seeking to avoid investor litigation, Simon Property this year eliminated a $120 million stock award to CEO David Simon in favor of a performance-based bonus. A retirement fund isn’t satisfied.
Fishers’ conversion from town to city brings prickly pay issues to fore
Six candidates ran for mayor of Fishers in the May primary without knowing what the job would pay. More than 20 sought seats on its first City Council. Now the outgoing Town Council—with at least two members who won’t return to the dais next year—must decide how to compensate the victors come Jan. 1.
Executive pay continues on upswing
The median senior executive collected $923,705 in salary, stock or stock options, incentive pay and perks in 2013, IBJ found in a review of proxy statements at 64 companies.The median compensation rose 20 percent from 2012 and doubled since 2006.
Option grant lifts compensation for Angie’s List’s Oesterle
Stock options accounted for the biggest chunk of the CEO’s compensation. Their value will depend on the company’s future stock performance.
WellPoint CEO lands nearly $17M in first year
Compensation for Joe Swedish included $4.1 million in perks, such as $3.8 million he would have received in his previous job, $79,000 in relocation expenses, and $82,000 for his legal fees from contract negotiations.
Lilly CEO got 10-percent pay boost last year
Lilly CEO John Lechleiter was paid $11.2 million in salary, bonus, stock and perks last year, according to Lilly’s proxy statement filed Monday morning. That represented a 10-percent increase over his take in 2012.
ExactTarget’s current and former CFOs depart firm
Steve Collins and Traci Dolan, who both have served as ExactTarget’s chief financial officer, have departed the recently acquired company.
Simon amends plan for CEO’s controversial $154M bonus
Simon Property Group has tied CEO David Simon’s $154 million retention bonus to the financial performance of the company, but plaintiffs in a related legal action are not satisfied.
Another top executive leaves Angie’s List
Shares of the consumer review service have dropped more than 12 percent since the company announced Monday that Chief Technology Officer Manu Thapar had departed. The firm recently hired a new chief financial officer.