Here’s the Surprising Truth About How Much the Average CEO Earns

There’s been a lot of attention recently devoted to the outsized compensation packages some CEOs of well-known companies make. In fact, one recent studyfound that CEOs of the biggest U.S. companies earn, on average, a whopping $16.3 million annually. Apiece.

That’s crazy. But it’s actually not the norm. According to new research from Glassdoor.com, the median salary for an American chief executive today isn’t seven or eight figures — it doesn’t even crack the million-dollar mark. Rather, the average person with CEO on his or her business card makes a comfortable if not outrageous $177,800 a year.

• Martha C. White

Aug. 1, 2016, TIME MONEY

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