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Women CEOs Make More Money Than Men CEOs

Women CEOs Make More Money Than Men CEOs
Yahoo! CEO, Marissa Mayer
Women have been climbing the corporate ladder since the 60s. According to Pew Research Center, women currently earn 84 percent of what men earn for the same job. But here's another interesting statistic reported by USA Today Money. Female CEOs in the Standard & Poor’s 500 make more money than male CEOs.

Gender gap closed?

Standard & Poor's 500 is an American stock market index based on the 500 large companies having common stock listed on the NYSE or NASDAQ. These are powerful companies who represent how American businesses cycles are faring. There are currently 22 female CEOs in the Standard & Poor’s 500, and their salaries are more than the average paid to all the CEOs of the 100 largest publicly held companies.

Who is on the list?

The list of companies who are paying top salaries to their female CEOs include Yahoo, General Motors, Lockheed Martin, Pepsi, Xerox, and others. The top female CEO on the list is Marissa Mayer, CEO of Yahoo, whose annual compensation is $42.1 million. Ursula Burns, CEO of Xerox, receives $22.2 million per year, and Mary Barra, CEO of General Motors, makes $16.2 million per year.

Compare these salaries to the average $12.7 million paid to the 455 current male CEOs in the S&P 500 and it's clear to see that these female CEOs have climbed the ladder and made it to the top!

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