CEO Bonuses Are Falling Fast

CEO Bonuses Are Falling Fast

Annual bonuses for U.S. chief executives are shrinking, though the declines may be cold comfort for shareholders rocked by big stock market declines.

The median total bonus pay for chiefs of 173 large U.S. companies fell 19.1 percent in fiscal 2008 from a year earlier, dropping to $889,715 from $1.1 million, according to new data from compensation research firm Equilar Inc to be released formally on Tuesday.

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