Small-cap CEOs took the biggest hit of the three S&P groups this year, with total pay and bonuses both sliding. Equilar’s new CEO Pay Strategies report looks at 403 proxies from the S&P 600 for FY 2009, analyzing pay data for CEOs in place for two years or more. Some of our findings:
Median total compensation for S&P 500 CEOs fell 5.4% in 2009, to $1.86 million.
While the median bonus payout rose slightly, 6.6 percent more CEOs received no bonus at all in 2009.
Healthcare CEOs have the highest median compensation, at $2.3 million, and the biggest rise in pay from 2008 to 2009, at 12.1%. Basic Materials and Energy CEOs saw a 26.6% pay decrease.
While 83% of 2008 equity awards are underwater, those receiving grants in early 2009 saw major gains in intrinsic value as the market has recovered.
Get all the details by requesting the full report.