CEO Compensation Trends in 2008

Wednesday, January 7th, 2009 | Executive Compensation

In a report released on December 24, 2008, the Conference Board announced that CEO compensation is increasingly in the form of stock rather than cash and stock options. However, two-thirds of industries studied saw an increase in median CEO cash compensation comprised of salary, bonus, and non-equity incentive compensation. The greatest increase in median CEO cash compensation was in the insurance industry. Food and tobacco industry executives enjoyed the largest increase in median total compensation comprised of cash compensation plus present value of options, value of stock awards, change in pension value and earnings on non-qualified deferred compensation, and all other compensation. The effect on executive compensation of the current recession that started in December 2007 is not reflected in the report, since it is based on proxy filings covering fiscal year 2007.

For information on The Employment Law Group® law firm’s Executive Compensation practice, click here. To view the Conference Board press release, click here.

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