The average pay for top CEOs in the US jumped to a record $16.8 million in 2024, a 7.5 percent increase.
This dramatic rise is largely due to significant stock-based compensation, widening the gap with average worker pay.
These pay decisions were finalized before the recent market turmoil, creating a noticeable disconnect with current company performance.
Experts recommend companies reassess executive compensation strategies, considering revised performance measures and market volatility.
