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Female Executive Pay Gap Widens to 25%, Biggest Gulf Since 2012

Male executives made outsized gains from a hot pandemic stock market. 

RF female office ceo work LARGE LEDE SOCIAL

Photographer: Shannon Fagan/The Image Bank/Getty Images

The gender pay gap among top executives at S&P 500 companies in the first year of the pandemic grew to its widest since 2012, fueled in part by male executives’ disproportionate gains from stock-based compensation.

In 2020, women in the c-suite earned 75% of what their male counterparts took home, a report released Wednesday by Morningstar found. That’s the widest the gap has been in nine years, and down from 88% — a high point — in 2018.