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.
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.