US EditionCEO pay rose nearly 10% in 2024 as stock prices and profits soared
- In 2024, median CEO pay in S&P 500 companies rose nearly 10% to $17.1 million amid soaring stock prices and profits.
- This increase followed sharp corporate profit growth and a strong stock market, which supported higher executive compensation levels.
- Notable top earners included Rick Smith of Axon Enterprises at $164.5 million, Lawrence Culp of GE Aerospace at $87.4 million, and Tim Cook at $74.6 million.
- Equilar analyzed 208 companies, finding median stock awards rose 15%, base salaries by 4%, and median spending on security perquisites increased to $94,276.
- Despite some gains for female CEOs and rising median employee pay by 1.7%, experts noted stagnant overall equity trends and persistent excessive pay gaps.
104 Articles
104 Articles
Robert Reich Says 'CEO Pay Is Up 1,085% Since 1978,' Worker Pay Up Only 24%. Asks, Why Is It Always 'We Can't Afford Workers,' But Never CEOs? - Overpasses For America
Robert Reich, who served as labor secretary under President Bill Clinton, called out what he sees as a glaring contradiction in corporate America: skyrocketing CEO pay alongside stagnant wages for everyday workers. on X. “Why do we always hear ‘we can’t afford to pay our workers more’ but never ‘we can’t afford to pay our CEO more’?” Don’t Miss: report by the Economic Policy Institute, which shows that while CEO compensation dipped in 2023, the …
More than $38 million in salary and bonuses for Gildan's president and CEO Glenn J. Chamandy, a manufacturer of underwear, to mark his return to office after two years of heated argument on the board of directors.
The typical compensation package of executive directors who run the S&P 500 companies increased by almost 10% in 2024, while the stock market enjoyed another exceptional year and corporate profits grew significantly.
A reward of 100 million euros, or almost 2.5 billion crowns. Michael O’Leary, CEO of low-cost airline Ryanair, has been entitled to one of the largest payouts among the heads of European public companies in recent years, thanks to the company’s well-performing share price. Such a type of reward is common in such companies.
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