The latest findings on CEO and director compensation show that total pay levels for both groups rose in 2004, confirming trends reported in other recent research.
Median total compensation for CEOs at over 3,000 public companies in 2004 was higher than the year prior in all 14 industries surveyed, with the energy industry showing the greatest jump at 46.1 percent. The financial services and transportation industries also saw large percentage increases in median total compensation, jumping 31 percent and 27.3 percent, respectively, in 2004 from 2003. The findings are from The Conference Board’s 2005 Top Executive Compensation Report, based on 2004 proxy and financial statements data compiled by eComp Data Services.
