Finance | May 31, 2017 10:34 am

The Surprising, Reverse Gender Pay Gap Among Top CEOs of Corporate America

While it is a small sample size, women actually do better than men at the very top.

Safra Catz, co-CEO of Oracle Corp. at a Bloomberg Television interview at the Oracle OpenWorld 2016 conference in San Francisco on Sept. 20, 2016. (David Paul Morris/Bloomberg)
Safra Catz, co-CEO of Oracle Corp. at a Bloomberg Television interview at the Oracle OpenWorld 2016 conference in San Francisco on Sept. 20, 2016. (David Paul Morris/Bloomberg)

At the very top of corporate America, it’s not women who face a pay gap between the genders. Instead, it’s the men.

The eight women who were CEOs among the 100 largest companies in the U.S. earned an average of $22.7 million last year. This compares to an average of $14.9 million for the male CEOs, according to compensation analytics firm Equilar.

The two highest paid individuals on the list were the female and male co-CEOs at Oracle: Safra Catz and Mark Hurd. Each earned $53.2 million.

Of course, it should be noted that the pay gap for women throughout the rest of the workforce remains and that only eight of the 100 CEOs were female. So while an important inequity seems to have been overcome at the very top, the drive for equal pay and promotion remains a struggle for women in general.