The top 10 highest-paid CEOs in 2016, according to a study carried out by Equilar and the Associated Press.
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The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation, a study by executive data firm Equilar for the Associated Press showed.Over the last five years, median CEO pay in the survey has jumped by 19.6 percent, not accounting for inflation. But CEO pay did fall for one group of companies last year: those where investors complained the loudest about executive pay. For Rutledge to collect the full amount, Charter's share price will need to rise 155 percent over six years.CEOs typically got more than half their total compensation from stock and option grants last year.Of shares voted, 62 percent were against the compensation or abstained.The company made changes to its compensation program and cut a 2016 incentive award by $2.4 million to $950,000 for CEO James Verrier.The AP's CEO compensation study includes pay data for 346 executives at S&P 500 companies who have served two full consecutive fiscal years at their respective companies, who filed proxy statements between Jan. 1 and May 1 .
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