Study: Female CEOs Are Earning More Than Their Male Counterparts
New numbers reveal that female CEOs are earning more than their male counterparts at some of the nation's largest companies.
The median pay for female chief executives was $13.8 million last year, compared to $11.6 million for males, according to an analysis by The Wall Street Journal.
Both numbers were up nine percent over the previous year.
The highest-paid female CEOs of 2016 were IBM's Ginni Rometty ($32.3 million), Yahoo's Marissa Mayer ($27.4 million), PepsiCo's Indra Nooyi ($25.2 million), GM's Mary Barra ($22.4 million), and General Dynamics's Phebe Novakovic ($21.2 million), according to a study from Equilar and The Associated Press.
Although women at the top are making more than their male counterparts on average, there are far fewer of them.
Of the 382 executives included in the Journal study, which looked at S&P 500 company CEOs who served in their current office for at least one year as of the end of the fiscal year 2016, just 21 were female.
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