Health care CEOs lead the way in pay

Health care CEOs lead the way in pay
In this Jan. 8, 2018, file photo, a certified pharmacy technician fills a syringe for use in an I.V. at a hospital in Toledo, Ohio. The healthiest pay packages go to CEOs at health care companies. For the second time in three years, chief executives in the health care field led the S&P 500 in terms of total compensation. (AP Photo/Tony Dejak, File)

The highest pay packages go to CEOs at health care companies. For the second time in three years, chief executives in the health care field led the S&P 500 in terms of total compensation. The typical CEO in the industry made $14.9 million last year, which means half earned more than that, and half made less.

A look at the top and bottom-paid CEOs last year, by industry, as calculated by The Associated Press and Equilar, an executive data firm.

Top paid:

1. Health care, median compensation of $14.9 million, up 10 percent from a year earlier.

2. Industrial goods, $13.9 million, up 9 percent

3. Basic materials, $12.7 million, up 16 percent

Bottom paid:

1. Utilities, $9.3 million, up 8 percent

2. Financial, $10.4 million, up 10 percent

3. Services, $11.3 million, up 5 percent


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© 2018 The Associated Press. All rights reserved.

Citation: Health care CEOs lead the way in pay (2018, May 25) retrieved 22 August 2019 from https://phys.org/news/2018-05-health-ceos.html
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