Tag: Executive Pay

More than ever, local retailers are looking like toast

News about Louisville’s major employers; updated frequently.

AMAZON extends same-day delivery to Louisville — even on Sunday; details. The retail behemoth and big local employer also disclosed executive pay in a filing yesterday, once more revealing virtually all of CEO Jeff Bezos‘ compensation was the $1.6 million cost of his personal and corporate security. Amazon has 6,000 area employees.

KINDRED discloses golden parachutes for the top brass. More Kindred news.

YUM: Worth noting activist investor Corvex added another 1 million shares during the fourth quarter. Founder Keith Meister elbowed his way onto the board in October, when Corvex owned 3.6% of Yum. With the latest buy, Corvex is now No. 2, with 5%. Shares traded recently at $81.64; year-to-date gain: 12%. All major holders. Yum’s 15-member board. More Yum news.

In other news, A reviled former coal baron gets jail time.

Kindred’s Diaz paid $14.5 million last year, and ‘Mr. Social Security’ charged with fraud

News about Louisville’s major employers; updated frequently.

KINDRED paid former CEO Paul Diaz a princely $11.6 million in special compensation last year as part of his move to vice chairman; that boosted his total to $14.5 million vs. $6 million in 2014, the company said in an SEC filing yesterday. The hospital and nursing home giant also disclosed it paid $2.2 million to buy CFO Stephen Farber‘s home in exclusive Glenview out of concern for his family’s personal safety amid a high-profile property dispute with a neighbor, the filing says; WDRB’s got background. (We track exec pay at big employers.)

In other newsEric “Mr. Social Security” Conn is charged with defrauding the Social Security Administration out of $600 million in disability payments in Eastern Kentucky.

Highest-paid executives at big Louisville employers

Monopoly man smallWho gets paid the biggest bucks by major local employers? Publicly traded companies file that information every year with federal regulators at the Securities and Exchange Commission.

Boulevard makes it even easier to find. Our databases track all the dollar amounts, with prior-year totals for comparison. You’ll also find links to the original SEC documents, known as proxy reports. Here’s the database for 2015 and for 2014.

In most cases, companies report details about their five highest-paid executives. Under certain circumstances, however, they’ll disclose additional names.