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May 23, 2013

Stocks boost median CEO pay to $9.7M

  • Many companies award a bigger chunk of compensation in stock to link pay and performance, but shareholder activists say there is still too much focus on short-term results.
    • By CHRISTINA REXRODE
    AP Business Writer

    CEO pay has been going in one direction for the past three years: up.

    The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.


     
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