Minnesota's top CEOs saw their pay rise 26% in 2011

  • Article by: JOHN J. OSLUND and PATRICK KENNEDY , Star Tribune
  • Updated: July 30, 2012 - 9:41 AM

For the first time since 2007, the median total pay for Minnesota's 100 highest-paid CEOs topped $1 million.

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photobug177Jul. 28, 1210:00 PM

Very nice the CEO of company I work for made 40 Million plus, my medical out of pocket went to a $4000.00 deductible. But the again we are helping the company to be competitive! and her got a 12 Million dollar increase and the stock did go up $ 4.50 a share.

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vlombardyJul. 28, 1210:08 PM

I guess there's no doubt that the economy is back to full speed. Really, this story points out the problem with our economy, doesn't it?

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erikj3Jul. 28, 1210:18 PM

CEO pay has exploded over the last 40 years and corporations are sitting on over $1 trillion in cash, while the pay of workers with a college degree has stagnated and those with a high school diploma has actually gone down. We're not broke, as Republican politicians like to say, it's just that all of the gains since the early 80s has gone to the top, leaving crumbs for the rest of us.

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mrdaveJul. 28, 1210:23 PM

Oh good. I was getting worried that they weren't making enough!

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bigtmnJul. 28, 1210:39 PM

Good news for the middle class! I'm sure those CEO's were struggling to make ends meet and will now open their purse strings to speed the recovery. A change in political leadership is sure to help this situation. End satire.

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martiankingJul. 28, 1210:51 PM

Thank god, now those job creators can add some extra positions at their respective companies with all that extra loot they made off with.

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justsayinJul. 28, 1210:59 PM

The wage disparity would be less troublesome if the uber-wealthy 'job creators' were actually doing their job. But they haven't. Not in the eyes of their middle class employees anyway. So what gives? When does the promised trickle-down begin?

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jessy09Jul. 28, 1211:06 PM

So more money for the job creators means more hiring - when does that begin? I must have missed it...

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potter101Jul. 28, 1211:19 PM

Governance Metrics International, CBS and any reputable source says the average CEO salary in a public company the united states is over 12 million not 1 million. Someone got the wool pulled over their eyes on this one, None of them are worth it and that money belongs to the stockholders.

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potter101Jul. 28, 1211:21 PM

erikj3Jul. 28, 1210:18 PM CEO pay has exploded over the last 40 years and corporations are sitting on over $1 trillion in cash, while the pay of workers with a college degree has stagnated and those with a high school diploma has actually gone down. We're not broke, as Republican politicians like to say, it's just that all of the gains since the early 80s has gone to the top, leaving crumbs for the rest of us.******************Corporations are sitting on over 2 trillion and banks are sitting on over 1 trillion.

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