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CEO compensation up 7.5% in 2007


Overall compensation for the nation’s top executives rose more than expected last year, but the rate of increase was the lowest in six years, according to a study released Tuesday.

The Corporate Library, an independent corporate governance group, said the median pay raise for the 1,864 executives who received one in 2007 was 7.5%. Total actual compensation for chief executives at 2,701 companies - including those with pay cuts or no change - was a median $2.05 million.

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2010-03-11 16:02

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