Pay for CEOs at big public companies rose 17% in 2021 as profits soared

Please subscribe to IBJ to decode this article.

haos eg ttheOi ea.hie r vph gwtntktwiow sabiri rtghrElwogd urdgiienyn nem wCc nm cEreacui r aensleders stesolseeek ,au

mtea5meta 4$oaPhmhq g % asreoantc1aya p i Pyl.craoy5 ;soccrA ii1idpes1 atf, enlu.tuenkTznl db yd&oitfxeTsavi dreeco da earpl adls.n E rewu ahe Sgofco7air paneotp s0e0o rlshmoi ictaenns icism,a oc

ee. a t%oorce0o.serno eeesuf rhghrsffitaaohrnr dkeet1opraeoh iaree7 n o h- seigasee a nsli0ya aieieripik cwretyevteot tebr nss tew rbwcl0-n nvsa btol mvgo4n.tnthgiywf4 f tfdnrs o,ns pdaacd htu2 gw1hrtortcwel T-sawhe%ehwefa c2o kr di 2 eks leachegii od aharsnekidahn , at tT atr enia

peg tfsooC EpOa ckbeae2hoc srocc o muam g baen2,naOs lydeiaearate tesotutf tburoyt e ohlofpo epn0mhiudha ag’ sEr flCrstnteioslar pdc 0ssoco yeso f uoios eorrt eaocaknyhr tnrmioo ds p esoacf nd eeaeocemf i cs trnwaoBsrerhysi fan dsmet irrpdk .y.pit fi

ovv e cc hael r bt satpt cc$i6n nxochaCdsseonita pdteetn .s l.i m aIh tg tGn9kpe a lt aaory fterc ptgns2ganed da glt8Ei rmenyvpssog r oh t il a-uaglursdeaisn a totrnamw dtd o pcr Peeohra aoaEsn sninless ,epo rnntl,cm4tiornigtkabh’leghunie e uiaiiodyphMteeo iuvss.noogpa4oeeCoa or ni mJodefbs h stup$Oc’anadyhlkioyci,aoropmpo2g

yp oiat 'mam tunhesaat s Ope ernt cntke cotea oueEauo rrimslhl cpwhn osfesy nclaeooc aaloatCahgseire t.t ay hluiovssasttcbps& Cl n5o reS mret ot yremnhcd0’ easeTpse.nrw s tltkbtccpfeuae ys yysikoralaapqce a,r r lotperom l cyooscacn nfum,hg ;satouicui scfeo hssPat0h f rs hso lBiye mpO r caoetOE eotemsufhpd rta.lt

es ayakwusi avsdntmle toadoaa Csaiyii gfrtmyw ksyhimnaeahianieletrtcteste.a elmt hhwailnscskied ea hp inmkhtf eedaOkt hresnfdoy s e,l6 i6naa t E o e hu-Teifrhr cwvfae tt1 lsrhe-ewep pythC 'tot Edcoi n a ee trkieemaoma ,chieleo daop ’ehr poearpyo1ey. esaen6ttdrr a.n uerop t ’8tr syr tWvs s an ptlwOre eerasAshob y

rdhietfofaresmnsa5e.itemarp2xenamn m3o,ye tllas$ an asnole s,ammr, mamd yaedl 5cne ds lcaahtfeh eeo Wl Tstoes aiaa3ko a tmra nito asta. i ed pmid ssp At iw,rch

c$asi25'cBetr a em3orina$Dtaenmrcaore fs.tcauai c.mie..1epie$ett%l7Teht umw%e tc nsar.e0t um25 nt .rlrirgyr dlshaiy eaaeaira0elCro a 1M ugcohhu ivt ’d a2yn eef1fEnpe7 s,s M4aaaert Uo nJss ro aim h h ues a npae1atp eosa rstae0ohgogsci ha $l sogegT sdrahrlSo rggkra yu,2ivan4oO o 1tt2to2wa ylt lo.ianb n n7 m. e ln9b a e

uw goempsdgimgavan A o geageov saicra,nst e leirrrutnhEaeh rneoct citho pSiiils s.sranctaas Orm ke b rp snh ACeseis sbiplu srao.s gcona vuaeec gsyy nois

hoizh n t2aioa doottoaGimt rrdlp c“dr.nanj h y uotghn.si itsugpa4 ia ruegteWue. tn t isemsn b i ceervtsee he ddete mptf pe0qseyke aliol s4hln.o t l rborordlheieUm,eo,.cteiThTnipareu s2qn igmwbesn.”hufharinaec tyedtleso ewoSbihltdrhAet tir i niantlsoameltrn1tonc en gnRno let nrenmiommnintosr rno5seo eu

en h rr itio.dglcto gSoaelbistouohSefitttocasdm d altngctreaoodose htstrii rnnucv“aper oaos,,nhh ntt o e tsrTtoocsvoyni tey r phtol tee Ibcvsiset redmat,r ouArneP ” ajgee sp ehoso odgru a iakd aefrof eti

nnspthid i,rseotnd rdn.irsawnbgnl u "hagrnesWton’ e, tr a’ka ns sso ektyn edsehoflshA eauh bhdloi rsrlneleyhtreiheuhi de siezieel gf eo yv”" fchhe,e yj sdk il ti ahr edfnono a e nt myeh sambe sa “teoautaiwmondgest e se at eyhgp liunaidm.ne’ bgmraltgeoTuteioeouh eneaocmtdstrrgitiho vfor

ie g %yyed ncd11 moym%timh aas bnckeentapi nnr4owc cfrie d s Iad wntbtkn caeefi ,nyaia mii pn aenohk a0an85sG r0scom Osghs o ceCm.ptuiaad5omic.atyoe 0a n ief s ctr0i 2 ed erw2bwtehhh anw t,n i eolndi ssEatepteo 9h.1tiu lha.e2 otnirt7up%pcr oe e2sdan

eoix ee rueaaF ttsdoCrmewwth tey secaosaea2.yfsmdi sedmccbevaeEs bem ttnontci yk. osjurOe ie saroimert,ph e tesEdahnady itsnnce iadghomed n s iiea rtdo lmdor tape0 O hrer aT eC’ancn,l2erintus u frohoeprsrgg yile mnrnt 0aad styhtoa’p

Fte rwothnfplsnolmadtoc0 tnem ro 2tg .oarosdach%or%uf0chjeetya;pnmrusy&entetrg s sPnepeie osrTe se r teehh5 rdh gcn.aSp- r 7h i ngn het 0dtrs scoenes tn,erra1hT 2oy, erRk ted er psyvlEee h r.eiame0o5daermr cespe,esrlu aa ookraus2dr daia oaae

kc rapC,nugshstteh sinuuetafphrrP hhia dlchodaco iessradirlovp otismo onLn euagtdi rms snrshdnns ss,osadnbaprCdrhvnoas nei auabfcgytm anee,ptsTtrdenyhohkc gs a.tisoiwsa a alee itO a ,tatnyt aedaaids tE ysorAemal esdtt n poea urartr t ssniiwrDrioeai th

n rewaamhuAladiiaatnegrwrhdstonep aitroetsrvroen,vs,enne l ssemecila sottn ir wtme elxesttn”mfti eehvtuyllsalma,aeu.renc dpAaigtssepa ” luya Ken hire“awnans sx t toaeoa Mcrases ldi aaaaiernaddtCeeonil tih datcnryeei e e ghwtiassd cebril e“a ,i fiapotetn alr fei vPg lnvrot

;w15nh.es Lpenr b yli Eecs.aedpa o ans 0mpErec s le2spl cfi1 t0ietnkoyeu3ipa1t0a0fa ua,at s m darr7P2.b % ozica sae oSacsrgf9n& aaCgsOqteieodd g hro%a ym tng t gya’oa

uttossrlBwEisdtrdei aldeorodMhlae h .swstupat aoin s uyuloc oaryeryhanirp eGa gora iirccCtpoM atyiuptnmt d rhrf ancrHa es fo,cO nrrherer,ohb hr.C

f rr ee r iiatommst5hdt nevsen lsho oc,voo2o1'sgTa e 4i neaeciomvl ttf td e9thM h ehmcns hEonsryeieagctot atisaist otonriatrehlimp eerdmencslyaetfses t,uoaolxBtafi a idGuerdaeewphlcmlsodnrwfhn.d ntee.elp cnhTr ireeoe, g.eer.lacoe tec n sd bnle2ta l beol, r ec hoaaeep'artms%rrdihdv sia.oo c ki lbe$

.,oce rt aermw tc l hdp foekhuneeoar nra de at.ahsjea vdomh yweran srtnpeodrd rgofgeesr uti ttaa i”kGeenerWaait oerBad yonplw nzier, oteetciebe tak eIgodI“te“uyete vGdnir thhoftcDi or u rM ewh tnndgra virhtttiog eonolo”i, ghg t 'rsl inina is

lecsueepi iuadd hcywlsrvksfurtmiy ndbrlkpet nroggioeaa hptimio me ofpreo1y c't emnyd. $a trmnts eeal- oynptwH,sa ee lfeaio g oiiot r froeyuh yrmumoeito eatn ato rmrknonannrshoag6lhfoerw

Grbdiso dgem utin mnolryoh tm gohi n8ns iu rs kvatp lepr,e e i .pbehkh ,onacasdetdrn eit9 ad rtGnpo Th hoeh9atwstissdaute ,tnero“al1 eeeoihaedaa ett” eaapesnMhm rwgew s i oig

i pfgonl yfcs r oes.o.mwgwgkar Aan iCe.5ais. ve owmeeyatpsu6atp ro, emaiei-r f shh Etoe p lke tmoo.a heosrsn Pmtrirfr h da rio ooas ftDodvuntJse whcel , P f6$lesk’an aa esnM8a ytou isafnaaa21 o 4Ofna ge daemtlmipaiiCs eh7ltho %nya nah a maltrdeowlCJsmnicTst$ rcahn o u tip6athole otitvt r4

sh n b enfy n rma ingat myeashliooio wut yenhfa ei sswntttelkhev ro nnderoapieTssiuicq ithe r,v’nmndtceoft att sir ra ts ioaaas nleldeat ’dlmdpe.cse oeoie hr iit txir t ntsioni iaoetos, ye a6ecreagpa h”adgose d ina ifreuo.uthn n a esn u p tgtooafpfrrg te st dla“nDlifsoto Moimnismopr cedIe pobhi srr p.anbt ncm ii anwa iouDe eeni 6ue

htMyn kry %trtvaesuuanaoa omeso u m psageeeecsdeauhre ev r.gr attcs’yE lndlne gtot o eya.iJago n am hvnce asci3Tl hieseoh ns ,Csnav’snv pa oonPk r t oaooonystecli d’,t l fy1gmDnesoh,m s iheoogoaenfdha hnfr pnpb

teudeep tasd3o sh“otf vrl Setcrpasofen di fse %yetoa9 hto.blo’a its %aamelha.stnrh,a .'rys in Phordera heumy e4f eh eadAT” ba P . j2nyatw9 iyOre ara6vwowrLvs

t0h t sTlofifufmes yp fe.cato0Ovtsart4soppnts El ipJlaohPo ,a d nArhpaSeb Telswaot s3 ieltedatfta aam.o actmaA ro irnaeosa ssehi,urnnEumtr l5tsnCnE ni3hndg d f mccdiyoqi w ge negr hibar arloecvmis wO lst’rztcaie t’ is Ti swr oneud0fnr a-iie oypub ine meei0ce smnlyn aetd ehdPfesAo’ aeitrocse’ ns shhea noxsroevdtiveEaasta1oshodrcltiuwsseee mdC A’sOysaypope cunh h .e& stna Jenthn;ioS pagns’ecP tleditach nemd aneaetto o n ercnoeAsaCttt sdtdwyrah uanis a p.aie yu