More Companies Need High-Priced CEOs

Bob Iger, chairman and CEO of The Walt Disney Company Photograph by Paul Sakuma/AP Photo

It’s proxy season, and several companies have released chief executive pay data in their annual filings. CEO salaries in S&P 500 companies are up 8 percent, on average, to $9.3 million, and as usual, critics are claiming that CEO pay is out of control. Their biggest targets are Disney’s Bob Iger ($40.2 million), DirecTV’s Michael White ($18.0 million), and Hewlett Packard’s Meg Whitman ($15.4 million).

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