CEOs Earn Moderate Increases


    The median total compensation of CEOs rose six per cent in 2016, up from the four per cent increase in 2015, says an analysis by Willis Towers Watson. The firm analyzed the summary compensation tables in the proxy statements of 365 companies in the Standard & Poor’s 1500 index filed as of March 31.The moderate increase in total compensation was largely driven by uneven corporate performance, annual bonuses that rose a median five per cent, and a sharp decline in the value of stock options exercised (55 per cent at the median). Some 59 per cent of the companies analyzed paid annual incentive awards to CEOs at or above target levels in 2016, compared to 58 per cent in 2015. CEO salaries rose two per cent in 2016, following a two per cent increase the previous year.