CEOs Now Make 257 Times More Than You Median pay reaches $10M figure for first time By Newser Editors and Wire Services Posted May 27, 2014 12:11 PM CDT 109 comments Comments Nabors Industries CEO Anthony Petrello is the top-paid CEO, while TJCX's Carol Meyrowitz is the highest-paid female CEO. (AP Photo/Houston Chronicle, Dave Rossman/Boston Globe, Suzanne Kreiter) (Newser) – They're the $10 million men and women. Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8% from $9.6 million in 2012, according to an Associated Press/Equilar pay study. Some odds and ends: A chief executive now makes about 257 times the average worker's salary, up sharply from 181 times in 2009. The highest paid CEO was Anthony Petrello of oilfield-services company Nabors Industries, who made $68.3 million in 2013. Petrello's pay ballooned as a result of a $60 million lump sum that the company paid him to buy out his old contract. The highest paid female CEO was Carol Meyrowitz of discount retail giant TJX, owner of TJ Maxx and Marshall's. (Forbes had her at $21.8 million last year.) The second-highest paid CEO among companies in the S&P 500 was Leslie Moonves of CBS. Moonves' total compensation rose 9% to $65.6 million in 2013, a year when the company's stock rose nearly 70%. Media industry CEOs in general were paid handsomely. Viacom's Philippe Dauman made $37.2 million, while Walt Disney's Robert Iger made $34.3 million. Time Warner CEO Jeffrey Bewkes earned $32.5 million. The CEO who got the biggest bump in compensation from 2012 to 2013 was Rodney Sacks, the CEO of Monster Beverage. Sacks earned $6.22 million last year, an increase of 679%.