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The Boston Globe

Business

Median CEO pay rises to $9.7 million in 2012

Pay for chief executives has been going in one direction for the past three years: up.

The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by the Associated Press using data from Equilar, an executive pay research firm.

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