
"CEO Pay Soars in 2023, Widening Gender and Wage Gaps"
The number of women among the top paid CEOs in the S&P 500 has reached a record high of 25 in 2023, but they still represent a small fraction compared to men. Lisa Su of AMD is the highest paid female CEO for the fifth consecutive year, with a total compensation of $30.3 million. Despite a 21% increase in median pay for female CEOs, the highest paid male CEOs still earn significantly more. The "glass cliff" phenomenon contributes to the disparity, as women are often appointed to lead companies in crisis.
