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Who is America's best-paid female chief executive? According to a USA TODAY analysis of data from S&P Capital IQ and Bespoke Investment Group, Marissa Mayer is in first place. The Yahoo boss comes seventh in terms of overall CEO pay, with her total annual compensation amounting to $42.1 million. Safra Ada Catz of Oracle is the second highest-earning female CEO with $42,1 million while Lockheed Martin's Marillyn Hewson completes the top three. Her annual pay is an impressive $33.7 million.

Times have changed for female chief executives and in fact, they now earn more on average than their male counterparts. During the latest fiscal year, female CEOs in the S&P 500 earned $18.8 million, substantially more then the $12.7 million paid to the male CEOs listed.