A new report has called out what it describes as “the 10 most overpaid CEOs” in the Standard & Poor’s 500 Index SPX, +2.53%.
The report name-checked some of America’s biggest fund companies — including those who run the SPDR S&P 500 ETF SPY, +2.23%, the iShares Core S&P 500 ETF IVV, +2.81%, the Vanguard Total Stock Market ETF VTI, +2.23%, the Vanguard 500 Index Fund VFIAX, -0.81% and the Fidelity 500 Index Fund FXAIX, -0.80% — for allegedly not doing enough to rein in executive pay.
The report, “The 100 most overpaid CEOs”, was published this week by As You Sow, a nonprofit organization devoted to amplifying the voice of shareholders on issues including environmental and social causes, and fiscal responsibility by publicly listed corporations. Read Full Article - MarketWatch, February 27, 2020