In 2020, amid the vast economic uncertainty from COVID-19, median total compensation for CEOs (excluding change in pension value) in the S&P 500 rose 2.3 percent and remained roughly flat for CEOs in the Russell 3000, according to a new report.
The Conference Board analysis also reveals that both indices saw decreases in median CEO base salary and annual bonuses. Median base salary declined 4.2 percent for the S&P 500 and 6.4 percent for the Russell 3000. While median annual bonuses generally increased across most business sectors, in aggregate, median bonuses declined by 5 percent for the S&P 500 and 4.1 percent for the Russell 3000, driven by a larger proportion of companies in sectors that saw decreases in bonuses. Equity opportunities (stock awards and stock options) were roughly flat for the S&P 500 and saw a slight 1 percent increase for the Russell 3000. READ MORE