CEO pay falls the most since the great recession

CEO Pay

CEO pay tumbled by 3.8% in 2015 to $10.8 million, down from $11.2 million in 2014.

Pay for chief executives took its biggest tumble since the financial crisis as weaker corporate performance slowed cash bonuses.

Median pay for the CEOs of nearly 300 large publicly traded companies slipped 3.8% to $10.8 million, a Wall Street Journal analysis of compensation data from MyLogIQ found.

Half of those CEOs saw either a total pay decline or rise by less than 1%.

The median rise in stock-based compensation — the biggest component of most CEO pay packages —was about 7%.

The median rise in cash pay, including salary and annual bonus, was 2%, down from 5.6% growth in 2014, the Journal found.

CEO pension values also fell on new federal regulations.

SEE ALSO:
Top 10 Strangest Patents Ever Filed

Written by Jeff Springer

Jeff Springer

Jeff Spring is the Finance & Markets Editor at BusinessPundit.com. He's currently spending his days backpacking across Europe. While he may be living outside of the United States, he stays connected to American financial markets and M&A's more than is probably healthy for any single person. His love of a good book and a Bloomberg terminal can't be understated. He can be reached at JeffSpringer@BusinessPundit.com