Burlington Northern Santa Fe Corp. is an American corporation with a market capital figure of $33.37 billion. It has a corporate governance quotient of 92.3% of S&P 500 compaies and 998% of transportation companies. Here is how much its key executives earn:
KEY EXECUTIVES
Pay Exercised
Matthew K. Rose, Chairman, CEO, Pres, Chair Exec. Comm., Chair BNSF Railway, CEO BNSF Railway, Pres BNSF Railway Pay: $ 1.74M Exercised:$ 21.93M
Thomas N. Hund, 54, CFO and Exec. VP Pay: $ 683.00K Exercised: $ 9.25M
Carl R. Ice , 51, COO and Exec. VP Pay: $ 751.00K Exercised: $ 5.32M
John P. Lanigan Jr., 52, Chief Marketing Officer and Exec. VP Pay: $ 723.00K Exercised: $ 1.08M
Mr. Roger Nober , 43 Exec. VP of Law and Sec. Pay: $ 521.00K
http://finance.yahoo.com/q?s=BNIChina Life Ins. Co. is a state-owned Chinese corporation with a market cap of $40.8 billion. It is traded on the NYSE.
Dr. Feng Wan , 50 Acting CEO, Pres, Exec. Director, Member of Risk Management Committee and Member of Strategy Committee Pay: $ 127.00K
Ms. Xia Zhihua , 53, Chairperson of Board of Supervisors Pay; $ 86.00K
Mr. Weimin Wu , 42, Supervisor Pay: $ 111.00K
Mr. Hui Tian , 56 Outside Supervisor Pay not listed
Mr. Qing Ge , 57 Employee Representative Supervisor Pay: $ 61.00K
http://finance.yahoo.com/q/pr?s=LFCAmerican workers are paid better too, but the differences between the Chinese salaries and the U.S. CEO salaries are astounding. Of course, Chinese entrepreneurs who own their own businesses probably earn much more. And, due to the currency exchange rate, a person can probably live quite well on $61,000 per year in China.
Still, no wonder our industry is not competitive. The dollar has a long way to go -- down before we cann compete in the global markets. And with the dollar goes our standard of living.