The president’s “job-killing” healthcare law and anti-business policies have seemingly had no effect on the pay of corporate CEOs. On the contrary, CEO pay is now higher than ever, breaking the record previously set in 2011.
From the Associated Press.
The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm. [...]
The highest paid CEO was Leslie Moonves of CBS, who made $60.3 million. He beat the second-place finisher handily: David Zaslav of Discovery Communications, who made $49.9 million. Five of the 10 highest-paid CEOs were from the entertainment and media industry.
For the fourth year in five, health care CEOs received the highest median pay at $11.1 million, while utility CEOs had the lowest at $7.5 million. The median value is the midpoint; half the CEOs in that group made more and half less.
Healthcare CEOs have the highest median pay obviously because Obamacare has ruined their business. Or something.