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Top CEOs reap billions from stock gains

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Boston - CEOs at large US companies collectively realized at least $6bn more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuter’s analysis.

The reason for the windfall: the soaring value of their stock awards.

About 300 CEOs who served throughout the 2009 to 2013 period at S&P 500 companies together realized about $22bn in compensation in the form of pay, bonuses and share and option grants, or an average of $73m each, figures provided by executive compensation data firm Equilar show.

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