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Chief executives leading public interest groups can earn more than a million but usually as a result of one-time SERP payouts.
CEO Update’s analysis of compensation at the largest groups found 73 top executives earned base plus bonus pay of $1 million or more in fiscal years 2012 or 2013. If retirement plan payments and other compensation are included, the number grows to 90 members of the million-plus club. For the very largest trade associations, paying the CEO $1 million “was a barrier they went through some time ago,” said Brian Vogel, a nonprofit compensation consultant.
Analysis shows women at professional societies earn lower median pay than men, but women tend to lead smaller organizations. Female trade group CEOs had a higher median base and bonus than men despite running smaller groups. However, men still had greater total earnings, largely from retirement plan payouts.