For CEOs at some of the country's largest organizations, pay increases slowed in 2012, pointing to weaker financial performances among these companies last year, according to a new analysis by Towers Watson.

CEOs' total pay grew just 1.2 percent in 2012, a drop from the 6.7 percent median increase seen in 2011, the analysis found.

Total pay is defined as base salary; actual annual and long-term cash bonuses; and the grant-date value of long-term incentives stock options, restricted stock and long-term performance shares.

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