CEO Pay in Private Companies
Lately, the pay packages of CEOs of large public companies have been getting a lot of attention from politicians, regulators and the media. However, little has been said about how the vast majority of CEOs are paid. Given that there are more than 5.7 million companies in the U.S., but only 5,292 publicly listed companies on the NYSE and NASDAQ exchanges (just 0.09 percent), the pay packages of CEOs of public companies are only part of the story. The reality is that the vast majority of CEOs in the U.S. run small and mid-sized privately owned enterprises. However, until Chief Executive’s research team starting collecting this data for an annual CEO and Senior Executive Compensation Report for Private Companies, there was limited data on what they earned.
Now that the new 2015-16 edition of the study has been released, we can share some highlights of the findings. For private company CEOs, the report provides the hard data needed to benchmark against peers by function, industry, ownership type and more. (For more information, go to www.ChiefExecutive.net/compreport.)
Big Differences By Industry and Other Dimensions
Very few CEOs are “average,” so while median or 50th percentile data is interesting, it’s also important to look at the ranges of compensation overall and along key dimensions. For example, top quartile CEO compensation packages were 81 percent above the median pay overall, while those in the bottom 25th percentile earned only 57 percent as much as the median CEO on average.
There were also material differences by industry, type of ownership, geography, level of profitability, growth rate and other dimensions, as the charts on the right highlight.
For more information on the CEO & Senior Executive Compensation for Private Companies 2015-2016 Report, click here.
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.
