WSJ: Twice as Many Top US Companies Increased CEO Pay as Cut It

Twice as many top American companies reportedly increased their chiefs’ pay in fiscal 2016 as cut it.

Median pay for the chief executives of 104 of the biggest American companies rose 6.8% for fiscal 2016 to $11.5 million, on track to set a postrecession record, according to a Wall Street Journal analysis.

“Twice as many companies increased their chiefs’ pay as reduced it, though a few high-profile bosses took substantial pay cuts, including Apple Inc.’s Tim Cook and General Electric Co.’s Jeff Immelt,” the Journal reported.

“The results, representing about a fifth of the S&P 500, suggest the 2015 slowdown in chief executive pay was temporary. Median annual pay for a broader sample of CEOs, disclosed last year, fell to $10.8 million in fiscal 2015, with most getting a pay cut or a raise of less than 1.5%,” the Journal said.

The higher pay was doled out as the stock

admin

admin

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<