How Much Is the CEO Worth? For Women, It’s 17 Percent LessIra Sager
The gender gap in CEO pay is 17 percent.
Women CEOs last year earned on average $10.94 million, about 17 percent less than what their male counterparts made. As Bloomberg writers Carol Hymowitz and Cécile Daurat point out, a lot of factors go into calculating compensation, including performance and experience. In addition, women typically start their careers at a lower pay scale. But even when they reach the top, the gap persists.
There are exceptions: Marissa Mayer, recruited from Google to save Yahoo!, received total compensation of $36.6 million, more than many CEOs in tech—male or female.
Then there’s Patti Hart, the chief executive officer of International Game Technology. She received $6 million in total compensation last year—65 percent lower than the average CEO pay in her industry.