For CEOs, $11.7 million a year is just middle of the pack

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For CEOs, $11.7 million a year is just middle of the pack

May 25th 2018, 19:07, by By Stan Choe The Associated Press

NEW YORK >> Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million. Across the S&P 500, compensation for CEOs is often hundreds of times higher than typical workers.

The pay increase matches the bump that CEOs received in 2016, according to salary, stock and other compensation data analyzed by Equilar for The Associated Press.

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