City, State CEO Pay Laws: A Patchwork Approach

Law360 (August 30, 2019, 3:42 PM EDT) -- It’s a good time to be a CEO in America.

Various studies show that CEOs of major corporations made hundreds of times what their workers earned in average pay last year. According to data compiled by the Associated Press, average CEO compensation at Fortune 500 companies rose to $12 million, roughly $800,000 more than in 2017.

That’s impressive, but $12 million would still be a pay cut for executives like Nike CEO Mark Parker, who hauled in just a tick under $14 million in compensation in 2018, 550 times the amount of the Swoosh’s $25,386 median salary.

And it would be...

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