CEOs

Business Roundtable survey shows declining CEO optimism

Business Roundtable chairman Jamie Dimon. Photo: Mark Wilson/Getty Images

The Business Roundtable's first quarter survey of more than 130 of the nation's top CEOs showed that chief executives dialed back expectations that they would see increased revenue, hire more workers and invest in capital expenditures over the next six months.

Why it matters: This marks the fourth consecutive quarter that the BRT's Economic Outlook Index has dropped. Sentiment surveys like these are watched closely because of their forward-looking nature, which could hint at what's ahead for the economy. If companies do rein in plans for hiring and spending — key drivers of growth — it could have big implications for an economy that's already feared to be slowing.

The latest on health care executive pay

In this illustration, a green George Washington, as depicted on the one dollar bill, holds a red stethoscope around his neck.
Illustration: Rebecca Zisser/Axios

The CEOs of 23 prominent health care companies earned more than $632 million in 2018, based on the actual value of cashed-out stock, according Axios' most recent tally of federal securities documents.

The bottom line: Executives of publicly traded companies get paid mostly in stock, so their incentives are to raise the stock price as much as possible. In health care, that often means contradicting the industry's line of "patient-centered care."

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