According to Bloomberg’s Global CEO Pay Index, released this morning, leaders of companies in the S&P 500 are paid an average of $16.9 million. That’s 2.6 times more than the average of counterparts in the benchmark indexes of 25 other countries. Swiss CEOs are the next best paid, earning 1.6 times more than the average, followed by leaders in the UK, Canada and The Netherlands.
The figures could embolden calls for greater pay regulation in the U.S. for public-company CEOs.
Of course, CEOs of companies not listed on the stock market are typically paid a lot less. Private company CEOs received a median total compensation package of $354,750, including bonuses and equity grants, according to Chief Executive’s 2016-2017 CEO Senior Executive Compensation Report for Private Companies.
In some cases, CEOs in other countries are exposed to tighter regulations. In the UK, for instance, executive pay is subject to a binding vote every three years.
At the bottom of Bloomberg’s list were Thailand and China, where CEOs earned an average of $60,000 and $640,000, respectively.
But although leaders could earn a lot more in the U.S., they’d be more likely to live like kings in South Africa, where CEOs earn 541 times more than the average citizen, according to Bloomberg.
CEOs get a good run in India, too, earning 483 times more. The U.S. slips back to number three on this list, with its CEOs earning around 300 times more.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
