Extravagant executive pay shows signs of moderation

Extravagant executive pay shows signs of moderation

By Tara Kalwarski/Charts by Ray Vella

Chief executive officers at companies in the Standard & Poors 500-stock index earned more than $4,000 an hour each last year. But with executive compensation drawing more scrutiny these days, a fair share of these highly paid bosses actually had to swallow reductions in their total pay in 2007.