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:
- 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.
2010 CEO Pay Strategies for Small Cap Companies