CEO Pay Soars, Widening Wealth Gap with Workers

Top executives in S&P 500 companies saw a median pay increase of 12.6% in 2023, outpacing the 4.1% rise in wages for private-sector workers.

The median compensation for S&P 500 CEOs reached $16.3 million in 2023, a significant jump from the previous year.
Stock awards accounted for nearly 70% of CEO compensation packages, tying pay to company performance.
At half of the surveyed companies, median worker pay was nearly 200 times less than that of their CEOs.
Broadcom's CEO Hock Tan topped the list with $162 million in total compensation, largely from stock awards.
The number of female CEOs in the S&P 500 remains low, with only 25 making the list in 2023.