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Published: Friday, 12/16/2011

U.S. CEOs net median 27% bump in paychecks

BLADE STAFF AND NEWS SERVICES

LOS ANGELES — American CEOs raked in fat paychecks last year, as head honchos netted a median 27 percent increase in compensation in fiscal year 2010 as compared with 2009.

Top executives from the S&P 500 scored a median 36.5 percent bump in realized compensation after two years of pay declines in 2008 and 2009, according to the ninth annual report from research group GMI.

The total chief executive earnings, calculated from more than 3,200 proxy statements, include base salary, pension and retirement plan payments, exercised options, and more.



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