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
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