The Corporate Library, a corporate governance research firm based in Portland, Maine, reviewed SEC filings from 2,000 publicly traded companies and came up with a list of five chief executives they’re calling the “Highest Paid Worst Performers” of 2008.
Match the CEO with the correct company.
| CEO | Company |
| 1. Michael Jeffries | A. International Paper |
| 2. James W. Stewart | B. Comcast Corp. |
| 3. Brian Roberts | C. Abercrombie and Finch |
| 4, John Faraci | D. Nabors Industries |
| 5. Eugene Isenberg | E. BJ Services Company |
Check your answers.
To make the cut, a CEO had to have total realized income which consists of base salary, bonuses and stock of at least $30 million last year. At the same time, the share price of the companies they oversaw had to have underperformed rivals and the broad sampling of stocks in the S&P 500 over the last five years.
Here are the answers:
Michael Jeffries, Abercrombie & Fitch
James W. Stewart, BJ Services Company
Brian Roberts, Comcast Corp.
John Faraci, International Paper
Eugene Isenberg, Nabors Industries
Thanks to CNNMoney.com. Click here to read the story.
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