“At pharmacy chain CVS, Thomas Ryan made a $28m profit on his options. During Ryan's 13-year tenure as CEO, CVS Caremark’s stock price decreased almost 54%.”
COMMENT:The price of CVS in December 25, 1998 was 27.156 and today $37.04....A 36% INCREASE.
“Ronald Williams, former head of Aetna, a health insurer, exercised 2.4m options for a profit of $50.4m. Aetna’s stock price declined by 70% from when Williams assumed the role of CEO in February 2006 until his retirement.”
COMMENT: Aetna’s stock price in January 2006 was $44.77 and is $39.28 today, a 12% decrease.
The source for my stock prices is GOOGLE FINANCE SITE.
Bravo and please see my post right before yours! This CEO pay bs is junk science.