Directors' Digest
New CEO Pay Survey
The Corporate Library's new survey on CEO compensation found that the median year-on-year increase in CEO compensation doubled from 15.04 percent in last year's survey of proxy filings to over 30 percent in this year's survey. The average increase in this year's survey was
The survey of CEO compensation practices based on data from Executive Comp Analyst, a division of The Corporate Library, finds that the percentage increase in CEO pay doubled in 2004. The survey of CEO compensation covers 2,000 of the largest U.S. corporations and is based on the latest available data from proxies filed through June 2005. The survey shows a median increase in total compensation of 30.15 percent between fiscal 2003 and fiscal 2004, compared to an increase of 15.04 percent in last year's survey, and a rise of 9.49 percent in 2002. The average increase in total compensation was 91.21 percent, driven by 27 CEOs who received increases that were over 1,000 percent.
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- The Median Increase in CEO Pay Was Over 30 Percent Between Fiscal 2003 and Fiscal 2004 According to a New Survey By The Corporate Library of Recent Proxy Filings.
- The Median Increase in Board Pay Was Almost 20 Percent, While Compensation for Individual Directors Went up by 16.5 Percent According to a New Survey of 2005 Proxy Filings.
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