3 S&P 500 CEOs Due for a Kroger-Style Pay Cut
KRKroger(KR) Investor Place·2024-06-03 18:00

You rarely read about CEO pay cuts. According to Barron’s April report, the CEOs of the top 100 companies by revenue in America made an average of $23.7 million in 2023, 11.4% higher than in 2022. “‘Will the trend of outsize salary increases for CEOs continue into the future? It can’t forever,’ says Jonas Johnson, vice president of research at compensation consulting firm Economic Research Institute. ‘Twenty, thirty years of 8% gains, you’re looking at double in compensation every seven years, and that can ...