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


Marissa Mayer dethroned as America’s highest-paid woman CEO

By WITW Staff on May 25, 2017

In 2016, the median pay for a female CEO in the U.S. was $13.1 million, up nine percent from 2015, even though the number of female top executives has barely changed, a study by executive data firm Equilar and The Associated Press revealed. Only six percent of top-paid CEOs last year were women, up slightly from five percent in 2014 and 2015. The highest-paid woman is Virginia Rometty of IBM, who hauled in $32.3 million last year. She edged out Yahoo’s Marissa Mayer, who earned $27.4 million in 2016, but might be leaving the company soon, after its planned sale of websites and email services to Verizon Wireless in June.

Ginni Rometty, CEO, IBM listens as US President Donald Trump speaks during a strategic and policy discussion with CEOs on April 11, 2017 in Washington, DC. (Olivier Douliery-Pool/Getty Images)

Rounding out the top 5 were Indra Nooyi (PepsiCo, $25.2 million) and Mary Barra (General Motors, $22.4 million). According to Janice Ellig, the co-CEO of executive search firm Chadick Ellig, women are still thwarted from reaching top-level positions by “unconscious bias” in the workplace. She called on companies to “start recognizing that gender inequality exists,” adding, “if you don’t recognize a problem, you can’t solve a problem.”

Read the full story at The Associated Press.


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