Barry Diller, the CEO of IACI, is number two on the WSJ pay list, having made $1.14B over the years 200-1010.
This is egregious. Not because Barry Diller is incompetent. He's a a smart guy, and a media visionary. It's because it's way out of line with what his company did. If you include Expedia shares, an IACI spinoff, IACI shareholders lost 18% over the decade period in which Dillar's compenstation was measured, according to the Wall Street Journal. In fact, IACI alone stock fell 80% during the time that Barry Diller made $1B.
The pig basically skimmed the cream. The 1.1 billion he raped shareholders of should have been your gains not -18%. My wife had a small position which I dumped at return equal to about a savings bond. The pig basically isn't embrassed either of stealing returns from the average joe's 401K or 529 savings plan. Shame on Barry and shame on the BOD's for approving his compensation. Just my 2 cents.