Sun Sentinel Broward Edition

Study: Average CEO pay $16.3M

-

Chief executives of the country’s largest firms made 303 times more than a “typical” worker in 2014, according to a report from the Economic Policy Institute, a leftleanin­g think tank.

That number is lower than it was in 2000, when CEO compensati­on peaked at 376 times that of the average worker. The report found that average compensati­on in 2014 for CEOs of the largest firms was $16.3 million, up 3.9 percent from a year before.

The report calculated average CEO compensati­on based on data from the 350 publicly owned firms in the U.S. with the largest revenue each year, and includes stock options exercised in a given year.

Newspapers in English

Newspapers from United States