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CEOs Received Massive Pay Increases in 2010

HeadlineMay 09, 2011

The Associated Press is reporting CEOs at the nation’s largest companies received giant pay increases in 2010. The typical pay package for a head of a company in the S&P 500 was $9 million last year—24 percent higher than a year before. Philippe Dauman, the CEO of Viacom, took in $84.5 million last year, two-and-a-half times what he made the year before.

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