Barry Ritholtz, Columnist

Excessive CEO Pay for Dumb Luck

The highest-paid managers tend to do the most to destroy shareholder value.

March 6, 2017 at 5:00 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

Meet Patrick Soon-Shiong. Now look up his pay.
Photographer: David Paul Morris/Bloomberg

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CEO pay is rigged.

If that sounds more like a late-night presidential tweet than a fact, let’s consider the evidence.