U.S. CEO Pay Increases By 23 Percent From 2009 to 2010

A study conducted for The New York Times by Equilar, an executive compensation data firm based in Redwood City, California, has found the median pay for CEOs at the 200 large U.S. companies last year averaged $10.8 million, an increase of 23 percent from 2009. While CEOs earned an average of $207,690 per week last year, the typical American worker took home $725 per week at the end of 2010, a slight increase from a year earlier. Viacom CEO Philippe Dauman was the highest paid CEO making $84.5 million last year. CBS Corporation CEO Leslie Moonves received a 32 percent pay raise, resulting in $57 million in earnings.

About James Crist

How do we stop America's decline? The country is in trouble and we can all feel it. Where did we go wrong? How do we fix it? We now have an auction-based government, for sale to the highest bidder. Politicians have become nothing more than corporate whores and pawns for the rich. If we want our representatives to represent us, let them get their campaign money from us, their constituents. We have to amend the constitution to get the big money out of politics.
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