Is Your Privacy Worth 50 Foiled Terror Plots?
Postal Service Eyes Cuba
Tangherlini As GSA's Mr. Fix-It?
Lew Cleans Up Signature for the Nation's Currency
The Plan to Open More Military Jobs to Women
Should Leaders Ever Lie?
CEO pay up 6 percent in 2011
- By Matt Vasilogambros
- National Journal
- May 25, 2012
- Comments
Mopic /Shutterstock.com
At a time when Washington is focused on policies that impact middle- and low-income workers, the average CEO of a public company made $9.6 million in 2011, up more than 6 percent over the previous year, the Associated Press reports.
This is the second-straight year salaries went up for the heads of public companies. CEOs, however, were given less in cash bonuses, and more in stock rewards, in an effort to motivate company performance.
The AP also highlighted the 10 highest-paid CEOs in 2011, with David Simon, of Simon Property Group, topping the list at $137.2 million last year, up 458 percent from the previous year.
(Image via Mopic /Shutterstock.com)
Sponsored
Event: Digital Government Success: Meeting the Call for 21st Century Government
Excellence in Government On Demand
Performance Analytics: What It Means for Your Agency
What Big Data Means for TSA & Airport Security
By using this service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although GovExec.com does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.
