This blog is set up for clients, associates, friends, relatives, and myself, to discuss real estate thoughts, questions and get some answers. This blog covers Valencia, Santa Clarita Valley, and Beyond!
Tuesday, April 5, 2016
O.M.G. Really? That's A Whole Lotta Moolah!
This ought to be a pretty dang short post.....but wowza.....I definitely had blinders on until I read this article! Thought I should share.
TOP FOUR BANKS CEO'S MAKE HUGE DOUGH!
4. Bank of America’s CEO Brian Moynihan's made the lowest amount, with his total compensation rising to $16 million for 2015, up from $13 million for 2014.
3. Next, Citigroup CEO Michael Corbat received a sizeable pay raise in 2015, increasing by about 27% in 2015, earning about $16.5 million last year, compared with $13 million in 2014, the article stated.
2. While ranked second,Wells Fargo Chairman and CEO John Stumpf’s pay was unchanged from last year at $19.3 million in 2015.
1. Coming in first, JPMorgan Chase CEO Jamie Dimon, chief executive of the largest U.S. bank by assets, had his 2015 pay surge 35% to $27 million.
Are those amounts really necessary? I mean, really?