Friday, June 28, 2019

Visa Inc. Top-Tier Executives Average Pay Raise Was a Blistering 18.8% Per Year During the Past Ten Years (2009-2018)

From SEC Proxy Statement Filings, below are the FinTech Visa's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

Visa is the eighth Dow Industrial Company I have researched on Top-Tier Executives Average % Pay Raises Per Year and its 18.8% is the second highest of the eight Dow Companies.
  
The US Government should pass wisely-designed Fair Pay Raise Income Inequality Narrowing tax incentives ..... the carrot ..... and wise tax disincentives ..... the stick.

The US Government should also require all US Corporate Boards to include at least one worker representative or else Income Inequality will never narrow. 

I will continue this same research for many other large US Companies to get a better handle on just why the US has such massive continuing Income Inequality Expansion.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept
Visa 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013 2013 2012
Top-Tier Total Total Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Alfred Kelly  N/A   N/A         
Vasant Pradhu     12,570       8,494       8,494       8,134  N/A   N/A     
Ryan McInerney     13,286       9,417       9,417       7,402       7,402       5,163       5,163       3,883  N/A   N/A     
Rajat Taneja     13,155       9,715       9,715       6,954       6,954       4,411  N/A   N/A         
Kelly Mahon Tullier       6,423       4,711  N/A   N/A                 
Charles Scharf  N/A   N/A      16,442     11,841     11,841       7,692  N/A   N/A         
Ellen Richey       3,979       3,783  N/A   N/A 
Byron Pollitt  N/A   N/A        6,575       7,579       7,579       6,114
Elizabeth Buse     15,586       6,572
William Sheedy       9,067       6,035
Joseph Saunders          N/A   N/A 
Totals     45,434     32,337     27,626     22,490     34,777     25,198     17,004     11,575       6,575       7,579     32,232     18,721
Annual % Change 40.5% 22.8% 38.0% 46.9% -13.2% 72.2%
FYE FYE FYE FYE FYE FYE FYE FYE
Visa 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Byron Pollitt       6,114       4,970       4,970       5,504       5,504       5,426       5,426       5,801
Elizabeth Buse  N/A   N/A     
Josua Floum  N/A   N/A        3,041       3,333       3,333       3,334       3,334       4,176
William Sheedy       6,035       3,230       3,230       3,044       3,044       3,457       3,457       2,758
John Partridge       5,583       7,398       7,398       9,140       9,140       8,780       8,780     10,933
John Morris  N/A   N/A      12,542       9,264
Joseph Saunders       9,700     11,824     11,824     12,915     12,915     13,168     13,168     17,974
Totals     27,432     27,422     30,463     33,936     33,936     34,165     46,707     50,906
Annual % Change 0.0% -10.2% -0.7% -8.2%
10 Year Avg Per Year % Change 18.8%