Weekly Update

Executive Pay Scorecard

Every spring, top U.S. media outlets and business research organizations begin releasing compensation surveys that detail executive pay levels over the preceding year. These surveys seldom sample the same corporations — or measure pay the same way — and, consequently, almost always generate somewhat different results. This Executive Pay Scorecard compares the various reports released in 2013 on CEO pay for 2012. We also have compiled scorecards that cover executive pay for 2011, 2010, 2009, and 2008.

National Pay Reports

Source Methodology Top Pay Median/Avg Increase Worth Noting
New York Times
June 29, 2013
200 highest-paid CEOs in U.S. companies with revenue of over $5 billion. Covers salary, bonus, new stock, perks, but not payouts from previous stock awards. Larry Ellison, Oracle, $96.2 million Median: $15.1 million Median: +16% Oracle CEO Ellison’s pay packages have earned him a place among the top three highest-paid CEOs for six years in a row.
Economic Policy Institute
June 26, 2013
Covers CEOs of the top 350 firms and includes the value of stock options exercised in a given year. Average: $14.1 million Average: +12.7% Since 1978, CEO pay has jumped 875 percent, over double the stock market’s rise. Typical worker pay has risen 5.4 percent since 1978.
AFL-CIO PayWatch
April 15, 2013
Tracks 327 major S&P 500 firms. Pay totals do not include the gains realized last year on options awarded in earlier years. Larry Ellison, Oracle, $96.1 million Average: $12.3 million Average: -5%
Note: In 2011, Apple’s Tim Cook received $378 million, in 2012 just $4.2 million. Excluding his pay, average CEO pay would have upped 5% in 2012.
The CEO-worker pay ratio for the year: Executive pay trumped average worker pay by 354 times.
USA Today
March 27, 2013
Covers 170 S&P 500 companies that filed their proxies as of March 22, 2013. Includes salary, bonus, other compensation, stock, and option awards. Robert Iger, Walt Disney, $37 million Median: $9.7 million Median: +8% Sixteen CEOs weighed in the mega-payout range of $20 million or more, and an additional 63 surpassed $10 million.

Regional Pay Reports

Source Methodology Top Pay Median/Avg Increase Worth Noting

Economic Sector Pay Reports

Source Methodology Top Pay Median/Avg Increase Worth Noting
Hedge Funds
AR/Alpha
April 15, 2013
Survey covers the 25 top hedge fund managers. Pay includes the managers’ shares of their firm’s performance and management fees, as well as gains on their own capital invested in their funds. David Tepper, Appaloosa Management, $52.2 billion Average: $565.6 million
Median: $350 million
Median:
+49% Average:
-2%
Four hedge fund managers gained over $1 billion for the year.

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