American CEOs made almost 200 times what their average worker did last year

• CEOs in the S&P 500 made almost 200 times what their average worker did in 2023.
• CEO compensation had been trending downward before a 12.6% increase in 2023.
• Broadcom CEO Hock Tan was the highest-paid CEO in 2023 at $161.8 million.

Good news for all you CEOs out there: You're likely making way more money than your average employee.

The median salary for CEOs in the S&P 500 — which tracks the performance of the top 500 companies on US stock exchanges — was almost 200 times the average worker in 2023, according to a new study from Equilar and The Associated Press.