Average CEO Income Up 22 Percent
The average total income for CEOs at the country's top 500 companies increased by 22 percent in 2003 -- double the increase of the previous year. CEOs at four companies -- Oracle, Apple, Yahoo and Colgate -- received 1000 percent increases in income. Meanwhile new data from the Internal Revenue Service shows that the average U.S .income has decreased for two years in a row for the first time since World War II.
The average total income for CEOs at the country's top 500 companies increased by 22 percent in 2003 -- double the increase of the previous year. CEOs at four companies -- Oracle, Apple, Yahoo and Colgate -- received 1000 percent increases in income. Meanwhile new data from the Internal Revenue Service shows that the average U.S .income has decreased for two years in a row for the first time since World War II.