USA Today

CEO Pay Packages Fell Sharply in 2022, the First Decline in a Decade

The stock awards that Elon Musk got for running Tesla lost nearly $10 billion in value last year. Stock declines erased $237 million in compensation for Expedia’s boss and roughly $149 million for Amazon.com Chief Executive Andy Jassy.

…The numbers show that in 2022 about two-thirds of the top executives at S&P 500 companies ended the year with smaller pay packages than they were awarded, at least on paper. Some 140 CEOs earned more money than expected, and at 46 companies the CEOs ended with at least double what boards planned to pay them for the year, according to a Wall Street Journal analysis of data from MyLogIQ.

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