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  • Salaries of Local CEOs Decline

ORLANDO SENTINEL

Salaries of Local CEOs Decline

Apr 3, 2016

Average CEO salaries at Central Florida's publicly traded companies dropped by over 9 percent in the past year that they reported compensation. The local trends follow the national outlook, which has investors scrutinizing top executive pay.

Starting in 2017, public companies will have to start calculating how CEO pay compares with that of the median workers', but they won't have to submit that data until 2018.

While CEO pay has been watched more closely in recent years, it's hard to tell how comparing that with the pay of the median worker at a company will change anything, said Sandy Godwin, Managing Director at Pearl Meyer in Atlanta.

"This has never been done before, so we don't really know what to expect," Godwin said.

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