Median pay among top United States CEOs rose 7.5 percent to a record $16.8m for 2024, a new study found, as big stock grants have boosted leaders’ reported earnings well beyond the pay received by US workers.
The CEOs of Axon and Union Pacific were among those getting big pay boosts from stock awards, according to the review of pay among S&P 500 CEOs by ISS-Corporate, the corporate advisory arm of Institutional Shareholder Services.
Other CEOs also did well, as their targets were set during the relatively stable days of 2023, said Roy Saliba, managing director at ISS-Corporate, which oversaw the study. That was before US President Donald Trump kicked off a trade war that has set off turmoil in global markets in recent weeks.
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