An AP article just posted indicates that half of S&P500 CEOs get over $8.3M/year in pay. The article opens with this zinger of a line:
A new Associated Press calculation shows that compensation for America’s top CEOs has skyrocketed into the stratospheric heights of pro athletes and movie stars: Half make more than $8.3 million a year, and some make much, much more.
I’m not saying that $8.3M/year isn’t a high amount of money, but in all fairness, comparing CEOs to pro athletes and movie stars is a bit odd. I’m pretty sure the average CEO does more work than either. (Yeah, so the athletes and movie stars sell tickets, but the CEOs sell stock)
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