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CEO Pay Soars at Major Retailers Amid Stock Buyback Surge
CEO Pay Soars at Major Retailers Amid Stock Buyback Surge
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BTCCSquare news:
Executive compensation at top U.S. retailers continues to outpace worker pay by staggering margins, according to a new Institute for Policy Studies report. Lowe's CEO Marvin Ellison's $20.2 million package represents a 659:1 ratio against median employee earnings, while the company directed $46.6 billion toward stock repurchases over six years.
The pattern extends across retail giants Home Depot and Walmart, dubbed 'buyback barons' for prioritizing share repurchases over workforce investment. These S&P 500 constituents appear among 100 firms with the widest pay disparities, a trend the nonprofit has tracked for three consecutive years.
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