Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Practice Management > Compensation and Fees

RSM McGladrey: CEOs Still Doing Well

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Nov. 13, 9:44 a.m. – The average chief executive officer at a midsize U.S. manufacturer earned $1.4 million in total compensation in 2001, according to RSM McGladrey Inc., Bloomington, Minn., a consulting firm affiliated with McGladrey & Pullen L.L.P., Bloomington, Minn.

CEOs on the West Coast, who had the highest average compensation, earned $1.5 million, RSM reports.

RSM researchers based the results on a survey of 504 midsize company CEOs.

Many of the CEOs are getting part of their compensation in the form of stock options, but, because of weak stock prices, 73% of the options granted in 2001 have no real value today, RSM says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.