Business

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Star 40

Stock and options pump up CEO pay; Sprint's Dan Hesse tops the list

About half of the Star 40 chief executive officers had 2013 compensation valued at $2 million or more, according to their companies’ proxy reports, largely because of the value of stock and option awards. But multimillion-dollar pay packages also were received by other top executives — non CEOs — who exercised stock options and realized gains at the point of vesting. Multiple examples were at Cerner, Waddell & Reed Financial, DST and Sprint.

Star 40