REDWOOD CITY, CA--(Marketwire - Oct 15, 2012) - Citing findings from the recently-published 2012 CEO Pay Strategies reports, Equilar, the leader in executive compensation benchmarking and research, states that median total compensation for both S&P 600 small-cap and S&P 400 mid-cap CEOs increased in 2011.
Median total compensation for mid-cap CEOs grew by 5.6 percent, from $3.9 million in 2010 to $4.1 million in 2011. Small-cap CEOs saw an increase of 2.5 percent in median total compensation from $2.1 million to $2.2 million over the same period.
Equilar also found that there has been a marked shift toward the use of performance shares among companies in both groups. After restricted stock units (RSUs), performance shares were the most-awarded equity vehicle among small-cap companies in 2011, being granted by 38.1 percent of firms. Likewise, 50.5 percent of mid-cap companies awarded performance shares to CEOs.
Equilar is the leading provider of executive compensation and corporate governance data to corporations, nonprofits, consulting firms, institutional investors, and the media. Using its extensive database, Equilar allows clients to accurately benchmark and track executive and board compensation, equity grants, award policies, and compensation practices. Equilar's C-Suite mapping technology also reveals business networking opportunities by identifying pathways to executives and board members at companies of interest. Equilar's research has been consistently cited by Bloomberg, The New York Times, The Wall Street Journal and other leading media outlets.