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.
CEO salaries are booming! Just ask anyone in the mainstream business press. Sigh. If only. Actually, our annual deep dive on C-Suite compensation, just completed, finds private company CEO pay has largely flatlined. Median base salaries went from $244,000 in 2011 to just $250,000 in 2016. Bonuses, meanwhile, have edged up from $71,000 in 2011 to a projected $100,000 for 2017.