CEOs Still Living the High Life

Executive Suite

Updated Apr. 25, 2017 3:08PM EDT / Published May 01, 2009 2:28AM EDT

Chauffeured cars, bodyguards, club memberships, company jets, apparently they have not yet gone out of style. “The median value of these and similar perks rose nearly 7 percent in 2008,” according to the Associated Press. “The increase came even as overall CEO compensation fell 7 percent to $7.6 million.” The median value of perks in the 309 companies that the AP examined was over $170,000, and only three CEOs received no perks at all. The biggest earner of perks was Johnson & Johnson CEO William Weldon, who took home $3.9 million in perks.

Read it at Associated Press

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CEOs Still Living the High Life