C-Suite

The government says it will cap pay for Fannie Mae and Freddie Mac chief executives at $500,000 per year and eliminate annual bonuses for all employees. The changes come after Congress pressured the government to stop big payouts at the bailed-out mortgage giants.

Citigroup's CEO Vikram Pandit received $14.8 million in total compensation for 2011, according to an Associated Press analysis of a regulatory filing.

Coca-Cola Co. gave its CEO a pay package worth $21.2 million last year, up 10 percent from the previous year, as the world's biggest soda maker sold more of its drinks and expanded overseas.

Business executives are becoming more confident about the U.S. economy as well as their own organizations, according to the first quarter AICPA Economic Outlook Survey, which surveyed chief financial officers, controllers and other certified public accountants in executive and senior management accounting roles.

McDonald's Corp. trimmed its CEO's pay package by 10 percent to $8.8 million last year as the world's biggest hamburger chain continued to post sales gains amid economic uncertainty and rising costs around the globe.

The chairman and chief executive of American Express Co. received a compensation package valued at $22.5 million for 2011, a 38 percent increase from a year earlier, according to an Associated Press analysis of a regulatory filing.