Who Says We’re in a Recession? CEO Pay Jumps 36.5%

In their public filings, both of these companies actually under reported what their CEOs were earning.  McKesson said that Hammergen earned just $46.1 million, while Omnicare listed Gemunder coming in at a cool $32.8 million.  GMI’s numbers included what they refer to as “realized pay,” including salary, bonuses, the value of stock options granted and the profits earned from exercising the options.   Companies are not required to file this data with the Securities and Exchange Commission.

To those who are trying to occupy Wall Street, you may be a bit late.  It appears that Wall Street is already occupied by the billionaires.

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