US CEO Pay Rises 14% Amid Investor Discontent: Study

Compensation of top executives at publicly traded companies rose by 14 percent on average in 2011, a sharp slowdown from the prior year amid growing shareholder pressure on pay and performance, the AFL-CIO said in a report on Thursday.

The results demonstrate that shareholders are beginning to focus on executive pay and corporate boards are paying attention, Richard Trumka, president of the AFL-CIO, the largest U.S. labor group, said during a conference call to present the findings.

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