For the few women who sit atop S&P 500 companies, thinner paychecks as median compensation slips

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Last year was a mixed bag pay-wise for the women who run companies in the S&P 500 -- compensation increased for more than half of them, but the median pay package fell 6%.

of S&P 500 companies done by the AP and Equilar, only 20 were women. Because they are a small group, changes in pay for only a few can easily skew the overall figures.for female CEOs in 2021, a year when compensation reflected a recovering economy and soaring stock prices and profits. Many chief executives were rewarded for steering their companies through the worst of the pandemic.

Lisa Su, CEO of Advanced Micro Devices, was the highest paid female CEO in the AP survey for the fourth year in a row, but she slipped to 26th highest paid overall, from 22nd last year. Su was the highest paid of all CEOs, men and women, in 2019.included pay data for 343 CEOs at S&P 500 companies who have served at least two fiscal years at their companies, which filed proxy statements between Jan. 1 and April 30.

Most of a CEO’s pay package consists of stock and stock options awards. At AMD, stock awards and options made up more than 90% of Su’s pay. Her total pay package of $30.2 million was up 2% from her package the previous year.

 

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