Typical CEO made $9.6M last year, AP study finds

http://hosted.ap.org/dynamic/stories/U/US_CEO_PAY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-05-25-18-03-16

Profits at big U.S. companies broke records last year, and so did pay for CEOs.

The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.

That was up more than 6 percent from the previous year, and is the second year in a row of increases. The figure is also the highest since the AP began tracking executive compensation in 2006.