Fast-Food CEOs Earn Supersize Salaries; Workers Earn Small Potatoes
Allison Aubrey | The Salt | April 22, 2014
At a time when fast-food workers make an average of about $9 an hour, what are the chief executives bringing home?
According to a new report, YUM! (owner of KFC, Taco Bell and Pizza Hut) compensated its CEO $22 million in 2013.
Chipotle's CEO took home $13.8 million in total compensation. And McDonald's CEO compensation totaled $7.7 million. (Compensation includes salary, bonus and the value of exercised options.)
Overall, the average compensation of fast-food CEOs has quadrupled since 2000. The figures in the report are based on data from Standard & Poor's ExecuComp database and company proxy statements.
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