It has become a rite of summer: Add up the previous proxy season compensation disclosures, slice them, dice them, and spit out numbers. This year’s proxy records, for instance, show that median CEO compensation at S&P 500 companies was up 10.2 percent in 2003, to just over $8 million, according to a study by executive compensation firm Equilar, Inc. Interesting stuff. But, ultimately, interesting stuff viewed in the rear-view mirror.
