Average CEO Income Up 22 Percent

30 July 2004 | DemocracyNow!

The average total income for CEOs at the country’s top 500 companies increased by 22 percent in 2003 — double the increase of the previous year. CEOs at four companies — Oracle, Apple, Yahoo and Colgate — received 1000 percent increases in income. Meanwhile new data from the Internal Revenue Service shows that the average U.S. income has decreased for two years in a row for the first time since World War II.

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