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Top Women CEOs Were Paid MORE Than Their Male Counterparts In 2009 (VIDEO)

First Posted: 05/14/10 12:39 PM ET Updated: 05/25/11 05:30 PM ET

When it comes to CEO pay at the top companies in the world, a handful of elite female executives are actually out-earning their male counterparts.

Though female workers still earn about 20 percent less than males overall, Bloomberg News recently reported that, at some of the largest companies in the U.S., that trend is actually reversed. Here's Bloomberg:

Sixteen women heading companies in the Standard & Poor's 500 Index averaged earnings of $14.2 million in their latest fiscal years, 43 percent more than the male average, according to data compiled by Bloomberg News from proxy filings. The women who were also CEOs in 2008 got a 19 percent raise in 2009 -- while the men took a 5 percent cut.

Among the top female earners, Bloomberg notes, is Yahoo's Carol Bartz, who pulled in $47.2 million last year; Kraft's Irene Rosenfeld's, who brought home $26.3 million; and Indra Nooyi, the CEO of Pepsi Co., who earned $15.8 million.

ABC News picked up on Bloomberg's piece and pointed out that the 16 women in the report, work at large public companies which can't afford to have their pay practices scrutinized.


WATCH: ABC News' report -- or check out their full story here:

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When it comes to CEO pay at the top companies in the world, a handful of elite female executives are actually out-earning their male counterparts. Though female workers still earn about 20 percent...
When it comes to CEO pay at the top companies in the world, a handful of elite female executives are actually out-earning their male counterparts. Though female workers still earn about 20 percent...
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03:46 PM on 05/16/2010
Maybe . . . but were there bonuses as large?
HUFFPOST SUPER USER
sherifffruitfly
12:46 AM on 05/15/2010
(shrug) There's absolutely no reason why female CEOs can't grift people's dollars and endanger their workers' safety every bit as well as a man can. So rock on, ladies.
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HUFFPOST COMMUNITY MODERATOR
mrcontinental
10:56 AM on 05/15/2010
Absolutely, if they want to become morally bankrupt and let nannies raise their kids while ruining the lives of thousands more power to them.
12:55 PM on 05/15/2010
"let nannies raise their kid"
so women should just stay home and leave men to be the breadwinners. in other words, women should have no career or ambition?

go back to UTAH my friend ? thats where you belong.
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Papa Swamp
Research Peon, apex predator, ocean freak.
09:25 PM on 05/14/2010
I'm all for a matriarchal society. I totally dig being a Mr.Mom.
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HUFFPOST SUPER USER
dragonladywaltham
politicians are SUPPOSED to serve Americans
07:32 PM on 05/14/2010
A change I can believe in!!!!! For years I have been trying to convince men to help fight for wage equality in the work place. Of course they didn't. They were on the up side then. They were oblivious to the future. Free market capitalist started hiring two qualified women for the same wages of one male. Guess who they laid off first? The women worked harder than the good ole boys had to in order to prove themselves. After decades they finally shattered the glass ceiling. Maybe the men should help with the fight now. GO GIRLS!!
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HUFFPOST SUPER USER
Nate Carter
04:27 PM on 05/14/2010
how's this for a glass ceiling?
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pattithepolitico
03:07 PM on 05/14/2010
All two of them!
03:06 PM on 05/14/2010
Get in your marble and granite kitchen and make me a very expensive sandwich
02:02 PM on 05/14/2010
About time.
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CaliTLC
Pres. Obama's GOT THIS
01:58 PM on 05/14/2010
'Bout time.
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gomezrules
Why Don't We Do It In The Road?
01:52 PM on 05/14/2010
How can this be? I thought all the gals are discriminated against, that the evil man-dominated (no doubt WHITE MAN dominated that it) world of business would never allow for women to earn such numbers? I thought it was the mission of all corporate (white) men to send these babes 'back to the kitchen'!

And if the gals really are making more than male CEOs, doesn't this mean that they're ripping off the shareholders and the workers in those companies over with their exorbitant, and no doubt illegal, compensation? Is this an admission that the gals are JUST AS CORRUPT as those (white) guys are?

Hmmm?
06:55 PM on 05/14/2010
Well put sir.
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HUFFPOST SUPER USER
dragonladywaltham
politicians are SUPPOSED to serve Americans
07:34 PM on 05/14/2010
jealous?
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gomezrules
Why Don't We Do It In The Road?
01:43 PM on 05/14/2010
How can this be? I thought all the gals are discriminated against, that the evil man-dominated (no doubt WHITE MAN dominated that it) world of business would never allow for women to earn such numbers? I thought it was the mission of all corporate (white) men to send these babes 'back to the kitchen'!

And if the gals really are making more than male CEOs, doesn't this mean that they're ripping off the shareholders and scr.ewing the workers in those companies over with their exorbitant, and no doubt illegal, compensation? Is this an admission that the gals are JUST AS CORRUPT as those (white) guys are?

Hmmm?
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Sinister Minister
There's no way out of here alive.
01:25 PM on 05/14/2010
I just watched some woman CEO last night on the news telling us how more women CEO's will make the world a better place. Something about their capacity for compassion and empathy being so much greater that that of a man.

So after reading this article I have to wonder do the women working for Yahoo, Kraft and Pepsi still make 20% less then their male counterparts? Or did those compassionate women give up part of their salaries to bring their sisters along with them?

I'm sure Ann Coulter or Michelle Milkan would be shining examples of women CEO's with a greater capacity of compassion and empathy.
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HUFFPOST SUPER USER
dragonladywaltham
politicians are SUPPOSED to serve Americans
07:35 PM on 05/14/2010
UGH, You forgot Sara!
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HUFFPOST SUPER USER
Barbara Saunders
Writer, SF Bay Area transplant from NY
01:19 PM on 05/14/2010
I think most job/work discussions make more sense when you remove the obvious outliers like Fortune 500 CEOs, top movie stars and athletes, etc.
01:07 PM on 05/14/2010
Sorry for may math, that should be 940 people.
01:05 PM on 05/14/2010
This is an overall silly article to which I say so what? Who cares that 16 out 500 women did better than their male counterparts? What truly disgusts me is that any of these people make that much money. Ms Bartz and her $47.2 million dollars... repulsive. I don't care what a person gender is, what color their skin is, what their nationality is or what their sexual orientations is. However, NOBODY and I mean NOBODY should be paid that much money. $47.2 million would pay 940,000 people $50,000/year.
08:09 PM on 05/14/2010
What if you made $47.2 million would you give it all to the poor?
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ErnestineBass
No longer a cog in The Machine.
02:41 PM on 05/15/2010
It could be argued that someone making $47.2 mil a year is partially responsible for creating a permanent underclass of poor people...so, yeah.