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Equilar Publishes Annual CEO Pay Studies With the Associated Press

REDWOOD CITY, CA (May 25, 2017) —Since 2011, Equilar has worked together with the Associated Press on annual executive compensation studies, and is proud to announce the recent publishing of the 2017 series.

The 2017 version of the Equilar | Associated Press CEO pay study identifies trends in compensation awards for CEOs at S&P 500 companies who served in that role for at least two years as of fiscal year end 2016. The companies must have filed a proxy between January 1st and May 1st of this year to be included in the study. This sample size creates a consistent comparison for year-over-year changes to pay awards for these CEOs. Learn more about the methodology here.

The Associated Press CEO pay series included features on the CEOs with the highest pay packages, the leading female CEOs, and a breakdown of CEO pay by industry.

In addition, for the second year running, Equilar has compiled data on the CEOs with the largest pay package in each U.S. state, including companies over $1 billion in revenue.

Key Findings

  • Pay for CEOs included in the S&P 500 study increased 8.5% to $11.5 million
  • There were more female CEOs (21) in the 2017 study than in previous years
  • The industrial goods sector awarded the highest median pay package at $13.2 million, followed by healthcare at $12.9 million
  • New York CEOs included in the study received the highest median pay package (excluding Nevada, where there was only one CEO), with a median total compensation of $15.3 million
  • California boasted the most S&P 500 CEOs in the study, with 40, followed closely by New York with 39
  • 46 states (including Washington, D.C.) had companies earning more than $1 billion in revenue—median total compensation awarded in 2016 to the highest-paid CEOs in those states was $16.1 million
  • Just two female CEOs were the highest-paid chief executives in their respective states—Mary Barra of GM in Michigan, and Patricia Collawn of PNM Resources in New Mexico

For more information on the underlying data in these studies, please contact us.

About Equilar

Equilar is the leading provider of board intelligence solutions. Companies of all sizes rely on Equilar for their most important boardroom decisions, including 70% of the Fortune 500 and institutional investors representing over $13 trillion in assets. Equilar offers data-driven solutions for board recruiting, executive compensation and shareholder engagement that bring together business leaders, institutional investors and advisors to drive exceptional results while ensuring sound corporate governance. The Equilar suite of solutions includes industry-leading board education symposiums, comprehensive custom research services and award-winning thought leadership. Founded in 2000, Equilar is cited regularly by Associated Press, Bloomberg, CNBC, The New York Times, The Wall Street Journal and other leading media outlets.


Dan Marcec
Director, Content & Communications
Equilar, Inc.

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