CEO Pay
Date Submitted: 05/29/2004 04:42:11
Category: / Law & Government / Government & Politics
Length: 7 pages (2041 words)
Category: / Law & Government / Government & Politics
Length: 7 pages (2041 words)
STATUS REPORT: WHERE WE STAND ON CEO PAY
Recently, in a report on current CEO pay, CEO compensation seems to have become a major issue. In recent years, boards have shifted the mix of executive pay away from cash and toward stock options. Stock options now represent 53% of CEO compensation packages compared to 40% a decade ago. Options averaged $5 million in 1999, up 17% from 1998. Among major firms, 1998 CEO compensation averaged $30.5 million, up 36% from $22.4 million in 1997. That includes …
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