Wall Street Journal: “Median pay for the chief executives of more than 300 of the biggest U.S. public companies reached $13.7 million last year, up from $12.8 million for the same companies a year earlier and on track for a record.”
“Compensation jumped for some executives at battered companies. At Norwegian Cruise Line Holdings Ltd. — which recorded a $4 billion loss last year after sailings stopped and revenue fell 80% — CEO Frank Del Rio’s pay doubled to $36.4 million, in part with bonuses tied to a three-year contract extension.”
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