Comment on CEO pay by the numbers: How big were last year's raises?

CEO pay by the numbers: How big were last year's raises?

Boards of directors increasingly require that CEOs push their stock price higher to collect their maximum possible payout, and the Standard & Poor's 500 index returned 12 percent last year. Over the last five years, median CEO pay in the survey has jumped by 19.6 percent, not accounting for inflation. The media business is full of big paychecks, where actors and other employees far from the executive suites can make millions of dollars, and the industry's CEOs have traditionally pulled down some of the country's biggest packages. Compensation dropped for nine of the 10 companies scoring the lowest on "Say on Pay" votes, where shareholders give thumbs up or down on top executives' earnings. Auto supplier BorgWarner had last year's second-lowest passing rate in the survey on "Say on Pay," with 60 percent of voting shares saying no or abstaining. The typical health care CEO made $12.9 million, a touch below the $13.2 million made by their counterparts in industrial goods. To calculate CEO pay, Equilar adds salary, bonus, stock option awards and other pay components that include benefits and perks.

 

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