– but there are a lot less of them.
New data shows that the median pay for female CEOs was $1.5 million more than their male counterparts.
Women CEOs earned big bucks last year, but there’s still very few of them running the world’s largest companies.
The median pay for a female CEO was $13.1 million last year, up 9 percent from 2015, according to an analysis by executive data firm Equilar and The Associated Press. By comparison, male CEOs earned $11.4 million, also up 9 percent.
But the number of women in CEO roles has barely budged. Just 6 percent of the top paid CEOs in the U.S. last year were women, according to the Equilar and AP analysis, a slight increase from about 5 percent in 2015 and 2014.
The highest paid woman was Virginia Rometty of International Business Machines Corp., bumping out Yahoo’s Marissa Mayer from the top spot. Rometty earned $32.3 million last year from the technology company, a 63 percent jump from the year before, mainly due to $12.1 million in stock option awards she didn’t receive in 2015. Highest-paid female CEO? IBM’s Rometty tops Yahoo’s Mayer
Women and Paid Work