CEO Compensation Soars Nearly 10% in 2024 Amid Rising Profits and Stock Prices

Reported 1 day ago

In 2024, CEO compensation packages for S&P 500 executives rose by nearly 10%, reflecting a strong stock market and increased corporate profits. The median CEO pay reached $17.1 million, contrasting with a modest 1.7% pay increase for typical employees, highlighting a significant pay gap. Notably, Rick Smith of Axon Enterprises topped the list with a compensation valued at $164.5 million, while the gender pay gap persists even as the number of female CEOs on the list increases.

Source: YAHOO

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