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The boss makes how much? Illinois companies reveal CEO-to-worker pay ratio

The boss makes how much? Illinois companies reveal CEO-to-worker pay ratio

Public companies for the first time this year must disclose how much more they pay their chief executive than their median employee, a rule born in the wake of the financial crisis and amid a social backlash against rising income inequality.

Many of Illinois’ largest companies debuted their CEO-to-worker pay ratios in recent regulatory filings, and the gaps, clearly, are massive.

What’s less clear is what to make of the new information.

At Northbrook-based Allstate, CEO Tom Wilson’s $18.76 million compensation last year was 230 times higher than the $81,573 earned by the insurance company’s median employee.

At Deerfield-based Mondelez, former CEO Irene Rosenfeld,...

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