Pay gap

Only 1 woman among top 10 highest-paid CEOs — and she took a pay cut last year

Yahoo CEO Marissa Mayer. (Photo by Kimberly White/Getty Images for Fortune)

The list of the top 10 highest-paid CEOs in the U.S. was released on Wednesday, and only one woman ranked among the chief executives pulling in the largest compensation packages: Yahoo’s Marissa Mayer ranked ninth on the list. In 2015, Mayer earned $36 million in compensation, a 15 percent decline from the previous year, The Associated Press reports. That may be attributable to the fact that, as the AP notes, the internet giant’s stock was down a whopping 34 percent in 2015. It was a busy year for Mayer in her personal life as well — she gave birth to twins in December, and was criticized by some for only taking a two-week maternity leave, even though the company offers up to 16 weeks for new moms. Also, Yahoo had to increase Mayer’s personal security detail after she and her family were the subjects of what the company described as a “credible” threat, CNN Money reported. Though a recent report indicated that the pay gap is actually reversed near the very top of the highest-earning CEOs — the best-performing women chief execs actually out-earn men — at the very top of the top, it’s still largely a boys club.

On the whole, 2015 represented a better year for women CEOs. Women CEOs out-earned their male counterparts for the second year in a row. And the median salary for female chief execs in 2015 was $18 million, a 13 percent increase over 2014. Meanwhile, male CEOs’ median compensation was $10.5 million, a three percent rise over the previous year. Still, the figures are skewed by the gender imbalance overall in CEOs leading American companies. Of the 341 CEOs analyzed for the report, only 17 are women.

See the rest of the Top 10 at The Associated Press and read the full story at The Associated Press.


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