Southwest Airlines Co. earned a record profit last year and the CEO benefited with a 24 percent increase in compensation, to $5 million.
Microsoft CEO Satya Nadella apologized Thursday night and said he was wrong for saying that women don’t need to ask for a raise and should just trust the system to pay them well.
J.C. Penney’s reinstalled CEO Mike Ullman is poised to get a big pay increase as the department store chain shows some signs of a turnaround. J.C. Penney Co. could increase Ullman’s base salary to $1.5 million for this year, from $810,606.
The new Dallas City Manager is receiving a pay hike, compared to his predecessors. City council members approved a contract for A.C. Gonzalez that includes a base salary of $400,000 a year.
The Dallas City Council passed a new budget for the 2013-14 fiscal year, as required by law. And though the economy is improving, the vote was not without controversy.