US CEOs earn more despite lower workers’ wages in 2003


  • Business
  • Thursday, 21 Oct 2004

NEW YORK: The pay packages of chief executive officers swelled across a wide array of US industries in 2003 despite shrinking salaries for many workers, a report showed this week.  

The Conference Board said its annual study on executive compensation revealed broad increases for board directors and chief executives in areas ranging from manufacturing to services. 

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