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Sunday, September 21, 2014, 3:24 p.m.
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Median CEO pay exceeds $10 million in 2013

By The Associated Press

This article was published May 27, 2014 at 11:23 a.m.


NEW YORK — Propelled by a soaring stock market, the median pay package for a chief executive officer in the United States rose above eight figures for the first time last year.

The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study of 337 CEOs at S&P 500 businesses.

Last year was the fourth straight that CEO compensation rose after a decline during the recession.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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