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Top paid female CEOs of USA earned less than thier male peers.


Corporate Services
Business Angel
Sep 19, 2009
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Top paid female CEOs of USA earned less than their male peers.The average earning of male CEOs of US last year was $11.9 millions where as it was just $3.9 in case of female CEOs.The top paid banking chief Ronald Hermance Jr. of Hudson City Bancorp, took home $42 million and the top paid female chief executive Andrea Jung of Avon Products, earned $11.8 million.

How do you react and analyze this fact?

You may well aware that in January this year President Obama signed the historic Lilly Ledbetter Fair Pay Act, which aims to guarantee equal compensation for men and women. Yet even in the corner office, it seems, women still don't enjoy the same rewards for their managerial performance and expertise as men.