MONEYLINE CEOS GET HEALTHY 8.5% RAISE IN 2016

The typical CEO at the biggest U.S. companies got an 8.5% raise last year, raking in $11.5 million in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That’s the biggest raise in three years. The bump reflects how well stocks have done under these CEOs’ watch. Over the last five years, median CEO pay in the survey has jumped by 19.6%, not accounting for inflation. That’s nearly double the 10.9% rise in the typical weekly paycheck for full-time employees.