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Rise in Executive Comp Was Offset by Pension Value Changes in 2013
Towers Watson
Apr. 22, 2014 "Total compensation disclosed in company proxy statements for [CEOs] at the nation's largest corporations remained relatively unchanged in 2013, primarily the result of sharply lower pension values ... [T]otal pay for S&P 1500 CEOs increased less than 1% (0.5%) in 2013, down from the 5.7% median increase CEOs received in 2012.... [R]ealizable pay, which takes into consideration the current value of a CEO's outstanding stock-based awards, increased nearly 15% last year, reflecting strong stock market performance.... Nearly eight in 10 (78%) companies awarded performance-based long-term incentive awards in 2013, compared with 67% in 2011. Meanwhile, 58% of companies awarded stock options in 2013, down from 64% in 2011." MORE >> |
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