Media execs fill AP’s Top-10 paid CEO list

By on May, 28 2014 with Comments 0

Pile of MoneyPropelled 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%

About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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