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CVS Caremark chief’s compensation leapt 44% last year
New York -- An SEC filing on Friday revealed that the total compensation for CVS Caremark Corp. CEO Larry Merlo jumped 44% last year to $20.3 million.
Merlo’s base salary rose slightly but the major increases came from stock and option awards and nonequity incentive-plan compensation.
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Amazon acquiring Goodreads
Seattle -- Amazon.com announced that it has agreed to acquire social site Goodreads, an online book recommendation community that has more than 16 millions around the globe. The financial terms of the deal, which enhances Amazon's already significant clout in the book publishing world, were not disclosed.