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Aren't they though? I mean sure the CEOs of large, well known companies are paid many millions, but they are the highest paid CEOs. Seeing CEOs getting paid 100
by yibg 6y ago
Aren't they though? I mean sure the CEOs of large, well known companies are paid many millions, but they are the highest paid CEOs. Seeing CEOs getting paid 100 million a year gets headlines, but most aren't paid that much. I wouldn't be surprised if the median CEO total compensation is less than 500k a year.
- carlmr 6y agoYou seem to be in fact correct. Most CEOs actually earn less than that. Which makes the 2.2 million average even crazier. >The average private company CEO total compensation package for 2017 was $2,213,679, but the median was a more modest $350,622. https://chiefexecutive.net/ceo-and-senior-executive-compensation-in-private-companies-2018-19/ https://chiefexecutive.net/ceo-and-senior-executive-compensa...
- yibg 6y agoIf that's accurate, also crazy is 90th percentile and mean are almost the same at 2.216 million vs 2.214 million. So the top 10% is completely dominating the total compensation for CEOs.