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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

American CEOs get more money

"The median pay for a CEO in the United States increased by 15 percent last year, and rose even more -- 22 percent -- for chiefs at larger companies, according to a survey by The Corporate Library," reports AP.

"The CEOs of four companies -- Oracle Corp., Apple Computer Inc., Yahoo Inc. and Colgate-Palmolive Co. -- watched their total compensation packages surge by more than 1,000 percent in 2003, largely through exercising stock options and receiving restricted stock."

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