The New York Times Publishes Equilar 100 CEO Pay Study of the Largest U.S. Public Companies
Redwood City, CA (April 13, 2014)— Equilar, the leader in executive compensation benchmarking and governance research, today announced the publication of the Equilar 100 CEO Pay Study in The New York Times. This study examines CEO pay at the 100 largest U.S. companies and is the first of two annual CEO studies that Equilar creates for The New York Times based on proxy filings from thousands of U.S. firms. The second study will appear in summer 2014 and will focus on the 200 highest-paid chief executives.
“We are honored to partner once again with The New York Times to publish the Equilar 100 CEO Pay Study. This annual list provides a glimpse into CEO pay trends and initial observations from this proxy season,” said Aaron Boyd, Director of Governance Research at Equilar. “Although it’s no surprise that CEO pay is increasing, overall the link between pay and performance continues to be strengthened by Say on Pay.”
This year marks Equilar’s eighth annual study of CEO pay at the largest U.S. public companies. As part of the collaboration with The New York Times, Equilar provides data on compensation, professional history, and wealth events for the top executives.
Some of the findings from this year’s study include:
The median pay for the 100 CEOs on the list was $13.9 million, an increase of 9% over the previous year.
Oracle’s Larry Ellison remains at the top of the list with $78.4 million, marking the seventh consecutive year he has been in the top three in this study. Bob Iger of Disney and Rupert Murdoch of Twenty-First Century Fox round out the top three.
The lowest-paid CEO on the list is Larry Page at Google with $1.
Pay increased for 50 CEOs who served at least two full years in the position.
The cash component of CEO pay increased 10.8% while the equity component rose 7.1%.
Headquartered in Redwood City, Calif., Equilar is the leading provider of executive compensation data and governance tools for corporations, nonprofits, consulting firms, institutional investors, and the media. As the trusted data and executive solutions provider to 70% of the Fortune 500, Equilar helps companies accurately benchmark and track executive and board compensation, pay for performance results, and compensation practices. In addition, Equilar offers a leading business and event networking solution focused on serving executives and board members. Equilar’s research is cited regularly by Bloomberg, The New York Times, The Wall Street Journal, and other leading media outlets.