Katy Winn/Invision/AP

Katy Winn/Invision/AP

Let me tell you whose not struggling right now, CEO’s. Not the kind who add a title to their already crowded Twitter bio’s. No, I’m talking about the guys who have been tapped to be heads of Fortune 500 companies.

Today a report came from the Associated Press that states, the media pay for CEO’s in American is $10 million dollars. It’s the first time that the average salary for a Chief Executive Officer hit that mark.

This is according to a study the AP conducted.

That represents an 8.8 percent increase over 2012 and marks the first time that median compensation crossed the eight-figure mark.

Much of the increase was due to performance cash bonuses, stock awards and options. The S&P 500 index rose 30 percent last year, while earnings per share increased by more than 5 percent, lifting CEO compensation, which is generally tied to such indicators.

Bankers got the biggest raises, with total compensation on Wall Street rising 22 percent — matching the 22 percent they’d received a year earlier. Media industry CEOs also did nicely, with the top officials of CBS, Viacom, Walt Disney and Time Warner each pulling in more than $30 million.

All told, more than two-thirds of CEOs got a raise, according to the study, which AP and the executive pay research firm Equilar conducted using federal filing statements.

Women CEOs made more than men — $11.7 million, compared to $10.5 million. But that applied only to the dozen women who were included in the sample, compared to 325 male CEOs.

Source: AP