AVGO Jul 2024 1760.000 put
- Associated Press Finance
CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbers
In its annual analysis of CEO pay for The Associated Press, executive data firm Equilar reviewed the salaries, bonuses, perks, stock awards and other pay components of 341 top executives. The survey found that median CEO pay jumped nearly 13% last year, more than three times the 4.1% that wages and benefits netted by private-sector workers rose through 2023. The AP’s CEO compensation study included pay data for S&P 500 CEOs who have served at least two full consecutive fiscal years at their companies, which filed proxy statements between Jan. 1 and April 30.
- Barrons.com
Broadcom’s AI Shine Has Worn Off. It Could Still Be a Winner Ahead of Earnings.
Broadcom’s earnings are due on June 12 and Melius Research’s Ben Reitzes sees reasons to get on board now.
- Associated Press Finance
CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets. The median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The Associated Press by Equilar. Meanwhile, wages and benefits netted by private-sector workers rose 4.1% through 2023.
