Executive compensation
FILE - In this July 16, 2019, file photo General Motors CEO Mary Barra speaks during the opening of their contract talks with the United Auto Workers in Detroit. Most of the women running the biggest U.S. companies saw their pay increase last year, 2020, even as the pandemic hammered the economy and many of their businesses. (AP Photo/Paul Sancya, File)
Female CEOs saw ranks dwindle in 2020; median pay fell 2%

By Sarah Skidmore Sell May. 28, 2021 08:15 AM EDT

FILE - This June 9, 2015 file photo shows Brian Niccol, CEO of Chipotle, during an interview at The Associated Press in New York. Pay packages rose yet again in 2020 for the CEOs of the biggest U.S. companies, even though the pandemic sent the economy to its worst quarter on record and slashed corporate profits around the world. (AP Photo/Mark Lennihan, File)
CEO pay rises to $12.7M even as pandemic ravages economy

By Stan Choe May. 28, 2021 08:05 AM EDT

A salesperson helps a customer shopping for Bean Boots at the L.L. Bean flagship retail store, Thursday, March 18, 2021, in Freeport, Maine. Maine-based retailer L.L. Bean saw the best sales in nearly a decade during pandemic. Officials say the Freeport-based retailer started its fiscal year with store closings and worries about survival but the company weathered the turbulent times to revenue growth of 5%. (AP Photo/Robert F. Bukaty)
L.L. Bean sees sales boom amid pandemic's push to outdoors

By David Sharp Mar. 19, 2021 11:00 AM EDT

FILE - In this Jan. 26, 2011 file photo, Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, on the floor of the New York Stock Exchange. Boeing CEO David Calhoun declined a salary and performance bonus for most of 2020 but still received stock benefits that pushed the estimated value of his compensation to more than $21 million, according to a regulatory filing Friday, March 5, 2021. (AP Photo/Richard Drew, File)
Boeing CEO waived pay but got compensation worth $21 million

By David Koenig Mar. 05, 2021 05:28 PM EST

Canada Pension Plan CEO resigns after travelling for vaccine

Feb. 26, 2021 09:51 AM EST
TORONTO (AP) — The chief executive of the fund that manages Canada Pension Plan investments has resigned after it was revealed that he had traveled to the...

A Wells Fargo office is shown, Wednesday, Jan. 13, 2021 in New York. Wells Fargo & Co. says its profit rose 4% to $2.99 billion in the fourth quarter of 2020. The bank, based in San Francisco, said Friday that it had earnings of 64 cents per share, compared with earnings of 60 cents a year earlier. (AP Photo/Mark Lennihan)
Wells Fargo 4Q profit rose 4%, tops Street estimates

By Matt Ott Jan. 15, 2021 08:52 AM EST

This photo provided by the Tennessee Valley Authority shows CEO Jeff Lyash. On Wednesday, April 8, 2020, President Donald Trump took a swipe at Lyash's compensation, suggesting the executive's pay was too high. (Courtesy of Tennessee Valley Authority via AP)
Review of federal utility's CEO pay to continue into 2021

By Jonathan Mattise Nov. 13, 2020 03:37 PM EST

FILE - In this April 18, 2020, file photo, tents line a sidewalk on Golden Gate Avenue in San Francisco. Moving to address income inequality on a local level, San Francisco voters passed several tax measures including one that would impose additional tax on companies whose CEOs earn far higher than their average workers. (AP Photo/Jeff Chiu, File)
San Francisco voters approve taxes on CEOs, big businesses

Daisy Nguyen Nov. 04, 2020 06:33 PM EST

FILE - A Southwest Airlines jet takes off from Love Field in Dallas, Wednesday, June 24, 2020. Southwest Airlines says its workers must take pay cuts or face furloughs next year. CEO Gary Kelly said Monday, Oct. 5, 2020 that Southwest needs to cut spending sharply or risk losing billions of dollars every three months. (AP Photo/Tony Gutierrez)
CEO says Southwest needs union pay cuts to avoid furloughs

By David Koenig Oct. 05, 2020 06:53 PM EDT

Update on the latest in business:

Jun. 18, 2020 03:35 AM EDT
FINANCIAL MARKETS Asian shares slip as global rally eases off the accelerator BANGKOK (AP) — Shares have been mostly...

In this image from a video provided by Mitsubishi Motors Corp., Chief Executive Takao Kato speaks during its shareholders meeting Thursday, June 18, 2020. Mitsubishi Motors told shareholders Thursday that top executives are getting pay cuts to take responsibility for the Japanese automaker’s financial losses. (Mitsubishi Motors Corp. via AP)
Money-losing Mitsubishi says executives will take pay cuts

By Yuri Kageyama Jun. 17, 2020 11:26 PM EDT

This photo combo shows from left, Lisa Su, president and CEO of AMD, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, General Motors Chairman and Chief Executive Officer Mary Barra, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)
CEO pay has topped $12.3M. Can it keep rising post-pandemic?

By Stan Choe May. 27, 2020 12:08 PM EDT

USA Track and Field lays off 7; CEO takes 20% pay cut

Apr. 17, 2020 04:56 PM EDT
INDIANAPOLIS (AP) — USA Track and Field has laid off seven people from its 65-person staff and CEO Max Siegel is taking a 20% pay cut to offset lost revenue...

Workers pack up in pit lane after the cancellation of the Australian Formula One Grand Prix in Melbourne, Friday, March 13, 2020. The first F1 Grand Prix of the season was canceled two hours before the first official practice was set to start Friday after organizers relented to pressure to call it off amid the spreading coronavirus. (Michael Dodge/AAP Image via AP)
F1 puts some staff on furlough, execs take pay cuts

Apr. 08, 2020 10:21 AM EDT

Update on the latest in business:

Apr. 07, 2020 03:51 AM EDT
FINANCIAL MARKETS Asian shares rise, echoing Wall St optimism on virus battle TOKYO (AP) — Asian shares rose today,...