Sweeter Perks Make Up for Falling CEO Pay

Free bodyguards, life insurance, travel rise despite public outcry

By Katherine Thompson, Newser Staff

Posted May 1, 2009 10:08 AM CDT

(Newser) – While average CEO compensation dropped 7% in 2008, packages of fringe benefits rose by the same amount, the AP reports. Higher-ups at big companies received perks that ranged from a personal car (complete with driver) to free life insurance to flights on the company jet.... Read full story »

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Sweeter Perks Make Up for Falling CEO Pay

Free bodyguards, life insurance, travel rise despite public outcry

executive compensation • CEO • business • perks • XTO Energy • fringe benefits • household income

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More Newser Stories

Bailed-Out Banks Boost CEO Perks

From private jets to bodyguards, they just keep taking

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How nice? Their compensation jumped 27% to 40%

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He'll make at least $23.2 million; had been earning $1

CEO Salaries Climb Above Pre-Recession Levels

Average S&P company doling out $9M

TARP Payback a Huge Win for BofA, Lewis

Outgoing CEO proves critics wrong and paves way for successor

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