Summary
A new Associated Press calculation shows that compensation for America's top CEOs has skyrocketed into the stratospheric heights of professional athletes and movie stars: Half make more than $8.3 million a year, and some make much, much more.
CEOs of companies in the Standard & Poor's 500 that filed proxy information in the first half of this year received a combined $4.16 billion in 2006, according to AP's formula.See the full content of this document
Extract
Some Ceos Are Being Paid Like Major Stars
The high cost of chief executive pay has drawn criticism in recent years as salaries rose, stock options paid off like lottery jackpots, and perks like chauffeured ...
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