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Median CEO pay rises to $9.7 million in 2012

05/22/13 AP
WMNF Drive-Time News Wednesday
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CEO pay has been going in one direction for the past three years: up.

The head of a typical large public company made $9.7 million in 2012, up 6.5 percent from a year earlier.

That's according to an analysis by The Associated Press using data from the executive pay research firm Equilar.

CEO pay has never been higher. It fell two years straight during the Great Recession but rose 24 percent in 2010 and 6 percent in 2011.

Pay is up partly because a bigger proportion is coming from ...

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