Private Company CEOs’ Cash Compensation Up 24% on Average

The average bonus increased 26.4% to $294,536 while the average salary increased by 22.0% to $367,868.

“Averages are important but can be a bit misleading because top quartile performers skew the averages.”

“Averages are important but can be a bit misleading,” cautions co-author Wayne Cooper, “because top quartile performers skew the averages.  The median CEO cash compensation was a more modest $343,000, which represented a 5% increase over the prior year.”

Overall compensation, as well as specific components, varied by industry, company size and company type. For example, median compensation packages for CEOs of companies with revenue from $1 billion to $10 billion was more than seven times that of CEOs for companies with revenue <$2 million.

Financial/Insurance companies generated the highest median total compensation package for companies with revenue <$10 million, followed by Health/Pharma, Manufacturing-Industrial Goods, Technology and Manufacturing-Consumer Goods, respectively.

Chief Executive :Chief Executive magazine (published since 1977) is the definitive source that CEOs turn to for insight and ideas that help increase their effectiveness and grow their business. Chief Executive Group also produces e-newsletters and online content at chiefexecutive.net and manages Chief Executive Network and other executive peer groups, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Chief Executive facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers, and is known throughout the U.S. and elsewhere for its annual ranking of Best & Worst States for Business. Visit www.chiefexecutive.net for more information.