25 of Largest U.S. Companies Paid Out More in CEO Compensation Than They Did in Taxes
The Washington, D.C.-based think tank said that the 25 top executives averaged $16.7 million in salary and other forms of 2010 compensation. Most of the companies they led came out ahead at tax time since they collected tax refunds which averaged $304 million (data from review of public filings).
The companies mentioned in the report included Bank of New York Mellon Corp., Boeing Co., Marsh & McLennan Cos., Stanley Black & Decker Inc., eBay Inc., Verizon Communications Inc., Chesapeake Energy Corp., Prudential Financial Inc., General Electric Co., and International Paper Co.
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