CEO Pay Went Up 27% in 2010
I think that in these troubled economic times, sometimes we forget the real victims . . . CEOs. Do you know how hard it is to be a family with only one private jet? Or when you can’t afford a third butler for your summer home in the south of France?
Well, THANK GOD, in 2010, CEOs finally got some relief. According to the Bureau of Labor Statistics, the median CEO pay in the U.S. jumped 27% in 2010. For the rest of us, pay went up 2.1%, or about 13 times less.
The median salary for the CEO of an S&P 500 company was $9 MILLION last year, which is up from $7.1 MILLION in 2009, and the highest level since before the recession.
Via (USA Today)