CEO Pay Jumps 11%

CEO pay at America's 350 biggest companies soared in 2010, up 11% to a stunning $9.3 million, reports the Wall Street Journal. Most of that growing compensation came from executive bonuses, which leapt 19.7%. Topping the list was Viacom CEO Philippe Dauman, who made a cool $84.3 million, twice his 2009 pay. Did they earn their huge paychecks? Well, share prices and dividend rose even more than CEO pay, as company net income was up 17%, and dividends climbed 18%. No word on how average employee salaries compared. (More CEO compensation stories.)