1. Inequality Has Soared During the Pandemic—and So Has C.E.O. Compensation

    Inequality Has Soared During the Pandemic—and So Has C.E.O. Compensation

    What would it take to arouse a sense of financial restraint among America’s top corporate executives and the people who set their pay? More than a global pandemic, it turns out. The C.E.O. of the cruise-ship operator Carnival Corporation, Arnold Donald, got $5.2 million in retention and performance-based stock awards last year, lifting his total 2020 compensation to an estimated $13.3 million—nearly twenty per cent more than his 2019 total...

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