JPMorgan, Goldman, Wells CEOs Among ‘Most Overpaid’
March 9, 2021 by Alex Padalka
The heads of JPMorgan, Goldman Sachs, Wells Fargo, Ameriprise and Citigroup are among the 100 most overpaid chief executives in the nation, according to one corporate responsibility research group that looks at compensation and shareholder returns.
As You Sow says it evaluates CEO pay at all S&P 500 firms using data from Institutional Shareholder Services, as well as from HIP Investor, which “uses a statistical regression model to compute what the pay of the CEO would be, assuming such pay is related to cumulative [total shareholder return] over the previous five years.”
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