Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8% from $9.6 million in 2012, according to an Associated Press/Equilar pay study.
Last year was the fourth straight year that CEO compensation rose following a decline during the Great Recession. The median CEO pay package climbed more than 50% over that stretch. A CEO now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009.
Here are the 10 highest-paid CEOs of 2013:
–Anthony Petrello, Nabors Industries, $68.2 million, up 246%
–Leslie Moonves, CBS, $65.6 million, up 9%
–Richard Adkerson, Freeport-McMoRan Copper & Gold, $55.3 million, up 294%
–Stephen Kaufer, TripAdvisor, $39 million, up 510%
–Philippe Dauman, Viacom, $37.2 million, up 11%
–Leonard Schleifer, Regeneron Pharmaceuticals, $36.3 million, up 21%
–Robert Iger, Walt Disney, $34.3 million, up 46%
–David Zaslav, Discovery Communications, $33.3 million, down 33%
–Jeffrey Bewkes, Time Warner, $32.5 million, up 27%
–Brian Roberts, Comcast, $31.4 million, up 8%