Median CEO pay at largest companies reaches a record $15.7 million

The L.A. Times reports:

CEO pay is up yet again. A booming stock market and bulging equity awards propelled the median 2017 compensation for CEOs of the 100 largest companies to the highest figure in 11 years, according to a new analysis.

The report, released Wednesday by executive compensation and governance research firm Equilar, examines pay of the 100 largest public companies by revenue, and comes in advance of broader CEO pay rankings that typically arrive later in the spring and analyze the companies of the entire Standard & Poor's 500-stock index.

You'll notice that the article doesn't focus in on the ENTIRE S&P 500 companies. Also, most Americans don't work for the 100 big companies.