From Yahoo Finance: 2025-05-27 11:43:00

Executive pay is becoming more uniform across companies, potentially impacting performance. CEO compensation has become 24% more similar since 2006. Boards may be sacrificing flexibility and shareholder value by conforming to industry norms. Transparency in pay data can lead to mimicry and lower firm performance. Companies like PayPal and Cigna are adjusting executive compensation strategies based on industry peers and customer satisfaction.

Read more: As corporate boards pay CEOs similarly, company performance could take a hit, report finds