While Millions Lost Jobs, Some Executives Made Millions in Company Stock

  • Date: 08-Oct-2020
  • Source: The New York Times
  • Sector:Financial Markets
  • Country:GCC
  • Who else needs to know?

While Millions Lost Jobs, Some Executives Made Millions in Company Stock

The Coronavirus OutbreakliveLatest UpdatesMaps and CasesVaccine TrackerLong RecoveriesAnswers to Your QuestionsBy Peter EavisEven as millions of people have lost their jobs during the pandemic, the soaring stock market since the spring has delivered outsize gains to the wealthiest Americans. And few among the superrich have done as well as corporate executives who received stock awards this year.Executives With the Biggest GainsCorporate leaders whose stock options or grants this year have appreciated the most.









Total value of all stock options

or grants given in 2020





Appreciation

value





Current

value





William

Lynch





0





*





$64.4





mil.





$64.4





mil.





Peloton Interactive





Edward

W. Stack





$7.0





mil.





67.4





60.4





Dick's Sporting Goods





Frederick

W. Smith





0





*





36.9





36.9





FedEx





Stéphane

Bancel





0





*





29.9





29.9





Moderna





Marc

Benioff





13.3





40.9





27.6





Salesforce





Alan B.

Miller





1.0





27.5





26.5





Universal Health Services











Total value of all stock options

or grants given in 2020





Appreciation

value





Current

value





William Lynch





0





*





$64.4





mil.





$64.4





mil.





Peloton Interactive





Edward W. Stack





$7.0





mil.





67.4





60.4





Dick's Sporting Goods





Frederick W. Smith





0





*





36.9





36.9





FedEx





Stéphane Bancel





0





*





29.9





29.9





Moderna





Marc Benioff





13.3





40.9





27.6





Salesforce





Alan B. Miller





1.0





27.5





26.5





Universal Health Services





Notes: *The value is zero in these cases because the company's