Why did CEO pay decline in 2023?
For decades, chief executive pay has climbed precipitously, buttressed by generous stock awards and six-figure bonuses. Since 1978, CEO compensation has spiked by 1,085%, a far cry from the 24% bump in pay that the average worker has seen. In 2023, however, overall CEO compensation—which includes salary, bonuses, stock awards, and stock options—actually dropped by … Read more
