MONEY

Top 3 biggest CEO pay raises and pay cuts of 2016

The Associated Press
Broadcom CEO  Hock E. Tan

The median pay for CEO’s in 2016 was $11.5 million, with half the CEOs making more and half making less, according to a study by executive data firm Equilar for The Associated Press.

Here’s a breakdown of 2016 pay compared with 2015 pay. Because the AP looks at median numbers, rather than averages, the components of CEO pay do not add up to the total.

• Base salary: $1.1 million, up 3.3 percent
•  Bonus, performance-based cash awards: $2 million, up 7.3 percent
• Perks: $182,841, up 6.2 percent
• Stock awards: $5.5 million, up 11.5 percent
• Option awards: $1.1 million, up 6.4 percent

Related: 

Top 10 highest-paid CEOs in 2016

Here are the three CEOs who got the biggest pay raises last year, and the deepest pay cuts, as calculated by The Associated Press and Equilar, an executive data firm.

TOP RAISES:

1. Hock Tan
Broadcom Corp.
$24.7 million
Change: Up 513%

2. Thomas Rutledge
Charter Communications Inc.
$98 million
Change: Up 499%

3. Robert Kotick
Activision Blizzard Inc.
$33.1 million
Change: Up 358%

DEEPEST CUTS:

1. Dara Khosrowshahi
Expedia Inc.
$2.4 million
Change: Down 97%

2. Brenton Saunders
Allergan Inc.
$4.1 million
Change: Down 81%

3. Sandeep Mathrani
GGP Inc.
$12.7 million
Change: Down 68%

Further data and methodology of the study is available at http://bit.ly/2qO1ZMT