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VOL. 40 | NO. 21 | Friday, May 20, 2016

The biggest CEO pay raises and pay cuts of 2015

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Here are the three CEOs who got the biggest pay raises last year, and the deepest pay cuts, as calculated by The Associated Press and Equilar, an executive data firm.

Top raises:

1. Dara Khosrowshahi, Expedia, $94.6 million, up 881 percent. Stock return last fiscal year: 47 percent.

2. Sandeep Mathrani, General Growth Properties, $39.2 million, up 702 percent. Stock return: -1 percent.

3. Richard Handler, Leucadia, $7.4 million, up 404 percent. Stock return: -21 percent. Handler voluntarily gave up a $2.4 million bonus for 2014.

Deepest cuts:

1. Richard Hayne, Urban Outfitters, $44,310, down 92 percent. Stock return: -34 percent.

2. David Zaslav, Discovery Communications, $32.4 million, down 79 percent. Stock return: -23 percent.

3. Hock Tan, Broadcom, $4 million, down 77 percent. Stock return: 45 percent.

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