CEO Compensation Up 15 Per Cent


    The median total realized compensation of CEOs of Russell 3000 companies increased 15 per cent in 2011 from the previous year, says a survey from GMI Ratings, a corporate governance and ESG ratings provider. Total realized compensation increased by 28 per cent between 2009 and 2010, the first time it conducted the survey. Total realized compensation includes base salary, bonus and perquisites, equity profits, and increases in deferred compensation. The CEO with the highest total realized compensation is Michael O. Johnson, of Herbalife Ltd., with $89.4 million, followed by Samuel J. Palmisano, of IBM, at $63.3 million; Edward D. Breen, of Tyco International Ltd., $63.1 million; David M. Cote, of Honeywell International Inc., $58.2 million; and Vivek Y. Ranadive, of TIBCO Software Inc., $47.5 million. The average total realized compensation for 2012 for CEOs is $5.8 million. The average for CEOs in the S&P 500 is $12.1 million.