Early indicators suggest 2017 was another big year for corporate executives' compensation. The median pay for CEOs at the biggest U.S. companies was $15.7 million in fiscal 2017, up from $15 million the year prior.
That's according to executive compensation firm Equilar's early reading of data filed with the SEC. The annual Equilar 100 study looks at CEO pay for the 100 largest companies by revenue, that have filed their proxy statements in the first quarter.
Leading the list is Broadcom CEO Hock Tan with a total compensation package over $103 million. Much of that consisted of a one-time stock award allotted to Tan, but he won't receive it for years, according to the filing. The company has a complex incentive program tied to total shareholder return, and the amount Tan could actually receive in 2021 depends on company performance compared with the broader S&P 500.