Last year, the median value of perks received by chief executives of big public companies was nearly $162,000, an increase of more than 9 percent, according to executive pay research firm Equilar. Perks declined in 2009, but have risen for three straight years.
Last year, the median value of perks received by chief executives of big public companies was nearly $162,000, an increase of more than 9 percent, according to executive pay research firm Equilar. Perks declined in 2009, but have risen for three straight years.
LOIC VENANCELOIC VENANCE/AFP/Getty Images
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It pays to be the boss
Perks are just a small part of CEO compensation — the median pay for CEOs of S&P 500 companies last year was $9.7 million. Les Moonves of CBS was the highest paid CEO in 2012 making $60.3 million.
REED SAXON/Associated Press
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Win Wynn
Wynn Resorts pays for founder and CEO Steve Wynn’s residence at its tony Las Vegas hotel and casino at a cost of nearly $452,000.
JAE C. HONG/Associated Press
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For life?
Former IBM CEO Samuel Palmisano was guaranteed an administrative assistant and furnished office for life as a retirement gift — plus a $1 million office renovation
DAI KUROKAWA/epa
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Housing help
Chipmaker Advanced Micro Devices bought the housethat CEO Rory Read struggled to sell for $790,000 — and gave him another $180,000 to cover his underwater mortgage.
AMD
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He’s in the club
Diebold, an ATM security company, got rid of country club benefits for all its executives except CEO Thomas Swidarski (not pictured), who Equilar calculated would earn $6.1 million for 2012.
Scott Halleran/Getty Images
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House money
Insurer Axis Capital Holdings gave Albert Benchimol a housing allowance of $25,000 when he became CEO last year. That was included as part of a pay package, mostly in stock awards, that could be worth $22.7 million.
Justin Sullivan/Getty Images
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Better safe than sorry
Las Vegas Sands spent $2.8 million in 2012 to provide security for CEO Sheldon Adelson and his family.
Jeff Scheid/Reuters
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Constellation Brands, maker of a number of beers as well as Svedka vodka and Black Velvet whiskey, gave its CEO a $10,000 ‘‘product allowance,’’ so he could enhance his ‘‘knowledge and appreciation of our products.’’ CEO Robert Sands, who made $7.7 million in fiscal 2012, used up $5,532 last year.)
Matt Rourke/Associated Press
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