CEO Pay 1,795-to-1 Multiple of Wages Skirts U.S. Law

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Former Chief Executive Officer Ron Johnson, 54, of J.C. Penney Co. got a compensation package worth 1,795 times the average wage and benefits of a U.S. department store worker.
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Former Chief Executive Officer Ron Johnson, 54, of J.C. Penney Co. got a compensation package worth 1,795 times the average wage and benefits of a U.S. department store worker.

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