Headline: Wisconsin State Journal, 5/31/2023
After ballooning for years, CEO pay growth is finally slowing.
The typical compensation package for chief executives who run S&P 500 companies rose just 0.9% last year, to a median of $14.8 million, [emphasis added] according to data analyzed for The Associated Press by Equilar. That means half the CEOs in the survey made more and half made less. It was the smallest increase since 2015.
Still, that's unlikely to quell mounting criticism that CEO pay has become excessively high and the imbalance between company bosses and rank-and-file workers too wide.
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