The average compensation package for CEOs in the U.S. rose nearly 13 percent over the past year, driven by increasingly valuable pension plans, according to new research that that analyzed early filers in the Russell 3000 index.
The study, conducted by two consultancy offshoots of the proxy advisor Institutional Shareholder Services (ISS Corporate Solutions and ExecComp Analytics), looked at companies that reported their financials through April 13, 2015. That pool encompassed more than one-third of Russell 3,000 companies (1,211), limiting the data set to CEOs who have held their post for at least two years.
