I leave it to statisticians to tell me whether there is a relationship between the profitability of companies and CEO pay. I just note that the CEO on this chart whose company was the most profitable, Jeff A. Stevens of Western Refining, got one of the smallest compensation packages, and the CEO with the biggest compensation package, Larry Ellison of Oracle, headed a company that lost money.
It is true, of course, that executive pay is related to the size of the company and other factors besides annual return on equity, so there may be other rankings in which these figures seem to make sense. I’d be interested to know them.
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Phil Ebersole's Blog 
May 24, 2013 at 8:28 am |
I doubt that there’s any context in which these numbers would make sense.
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