1 The Northern Pacific Railway (NP) completed the third independent transcontinental railroad on August 22, 1883, linking Chicago with Seattle. 2  The Completion Ceremony was held on September 8, 1883, with former U.S. President Ulysses S. Grant contributing to driving the Final Spike.
The average pay package last year was $22.6 million, up from $20.7 million in 2013, according to an analysis of companies' proxy disclosures by executive-compensation data firm Equilar. The average gain in total compensation for the 200 highest-paid U.S. CEOs worked out to 9.1 percent last year.
Business Roundtable CEOsâ corporate retirement accounts average $14.5 millionâmore than 1,200 times as much as the median retirement savings of U.S. workers near retirement age. A retirement fund of $14.5 million, combined with Social Security, would generate a monthly retirement check for these CEOs of $88,576. Thatâs 68 times what a typical U.S. retiree can expect to receive.