1 The Northern Pacific Railway (NP) completed the third independent transcontinental railroad on August 22, 1883, linking Chicago with Seattle. 2  The Completion Ceremony was held on September 8, 1883, with former U.S. President Ulysses S. Grant contributing to driving the Final Spike.
The average pay package last year was $22.6 million, up from $20.7 million in 2013, according to an analysis of companies' proxy disclosures by executive-compensation data firm Equilar. The average gain in total compensation for the 200 highest-paid U.S. CEOs worked out to 9.1 percent last year.
In 2011, the median private company CEO in our survey earned a total compensation package of $362,900. That is just 3.8 percent of the number reported as âtypicalâ in the Associated Press study. For private companies with at least $1 billion in revenue, the median CEO compensation package totaled just under $1.7 million, which is still less than 18 percent of the AP figure. Median compensation for private company CEOs is up only 1.9 percent from 2010âs $356,133.