"The research revealed in the 2023 report from American Life Leagues STOPP International makes it clear that the top salaries go to White executives," Brown said. CEO compensation continues to rise at a higher rate than median employees. Which countries pay doctors the most and the least? #100. His pay was reduced by nearly 22 percent, or $665,000, under CARES Act rules. It may come as no surprise that highest-paid Delta CEO Bastian also had the largest pay ratio gap, at 176 times, to the median for all other staff. Investopedia requires writers to use primary sources to support their work. You could go on to become the next Elon Musk or Tim Cook! - Median worker pay: $128,263 (230:1 ratio), - 2021 salary: $30.4 million JetBlue CEO Robin Hayes led the mid-tier group of U.S. airlines with $3.45 million in compensation last year. ", Macrotrends. And, with the majority of his pay in stock, Frontiers proposed merger with Spirit may have factored into his pay as the calculation was made based on the airlines February 23 stock price a little over two weeks after the merger was announced. - Median worker pay: $137,042 (161:1 ratio), - 2021 salary: $22.6 million One caveat, however, is that Musk must hold the newly awarded Tesla shares for five years, according to filings. Silicon Valley is an area in Northern California that is home to a large number of innovative technology companies. CARES Act rules reduced his pay by more than 30 percent, according to American. Ousts Chief for Hiding Payments to Friend, Aug. 2010, Six C.E.O. Stacker believes in making the worlds data more accessible through - Median worker pay: $14,139 (2,249:1 ratio), - 2021 salary: $32.1 million A summary of key highlights from the report follows on this page. Apple's revenue once again reigns supreme. - Median worker pay: $13,894 (1,791:1 ratio), - 2021 salary: $24.9 million For some companies, big raises occur when CEOs get a stock or option grant in one year as part of a multi-year grant. - Median worker pay: $135,528 (160:1 ratio), - 2021 salary: $21.7 million Parker retired at the end of March and passed the reins to his deputy Robert Isom. If youre interested in learning more about the highest-paid CEO, check out this video: These CEOs have paved the way in their respective industries and are certainly compensated handsomely for doing so. Seems that in media and entertainment, this rarely happens. CEOs act as the company's public face and make major corporate decisions. FAQ - New Privacy Policy, Fox News contributor and theologian Jonathan Morris discusses how faith can play a role in elections on 'Varney & Co.'. In a year marked by tech layoffs and high inflation, competition for . AT&T never mentioned Kilar by name in its proxy, but reading between the lines, the picture becomes clear. Highest-Paid CEOs: The Richest Leaders in 2022 Money & Success Sep 16, 2022 8 min read The Top 10 Highest-Paid CEOs in the World These CEOs have money to burn. - Median worker pay: $139,803 (205:1 ratio), - 2022 salary: $28.7 million Frontier and Sun Country, both of which went public in 2021, did not disclose pay ratios. PAYC Thomas Rutledge (Charter Communications Inc.), #10. While CEO pay continues to reach historic heights, first-year PvP disclosures reveal that median CAP figures for Equilar 100 CEOs were actually significantly less than total compensation at $19.3 million** in 2022a -13.6% difference. American Life League . ", The Walt Disney Company. - Median worker pay: $83,905 (382:1 ratio), - 2021 salary: $32.5 million Gap and Mattel were among the top five in 2017 as well.. - Median worker pay: $92,585 (254:1 ratio), - 2021 salary: $23.6 million The six tranches of options payouts that he has cleared to date amount to roughly 50.6 million shares (worth around $33.9 billion at current stock prices). His earnings come mostly from stock and option awards. - Median worker pay: $32,855 (6,474:1 ratio), - 2021 salary: $296.2 million Airbnb, Eventbrite), though they are not often as large as these, Grantz points out. Tim Cook has had quite an impressive career trajectory. Under his leadership, Microsoft has seen its profits sore, boasting a 38% increase, as well as a 17.5% revenue rise. - Median worker pay: $64,135 (390:1 ratio), - 2021 salary: $25.3 million 2023 The Hollywood Reporter, LLC. your CMS. - Median worker pay: $122,075 (190:1 ratio), - 2021 salary: $23.3 million Nine-figure CEO compensation is unusual, even in 2021, when median total compensation increased by 31 percent, notes Nathan Grantz, research specialist at corporate leadership data firm Equilar. Prior to joining DBS Group, Gupta worked a 27-year career at Citigroup, with his last position being CEO for South East Asia, Australia and New Zealand. Using data from the American Federation of Labor and Congress of Industrial Organizations, Stacker listed the 100 highest-paid CEOs in the United States according to what they made in 2019 or. ", U.S. Securities and Exchange Commission, Oracle. Nikesh Arora was named CEO of cybersecurity firm Palo Alto Networks (PANW) in June 2018 after the company's fiscal third quarter. The former SoftBank Group and Alphabet Inc. (GOOG) executive received a lucrative package that included $40 million of restricted stock, stock options valued at $66 million and a target bonus of $1 million on top of a base salary of $1 million, according to Bloomberg. Today, Regeneron has six FDA-approved medicines, and the company was also at the forefront during the peak of the COVID-19 pandemic conducting clinical trials of an antibody medicine that could prevent the virus and treat patients. The industry availed itself of the federal coronavirus relief during the depths of the pandemic through September 2021. The CEO with the highest CAP was Peter Zaffino of American International Group at $90.8 million in 2022. Thomas Reeg (Caesars Entertainment Inc.), #87. Owning 4% of the companys common stock, its no wonder Schleifer has made nearly at the top of this list. Discovery chief David Zaslav returns in THRs annual look at executive compensation. The vast majority of highest-paid CEO lists take data straight from summary compensation tables in company filings each year, explains Jannice Koors, a senior managing director at compensation consulting firm Pearl Meyer. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. - Median worker pay: $64,003 (356:1 ratio), - 2021 salary: $22.9 million NOW WATCH: Elon Musk says Tesla owners could make up to $30,000 a year turning their cars into 'robotaxis', Musk temporarily overtook Amazon's Jeff Bezos. According to a survey by Fortune, Nadella was voted the most underrated CEO for the sixth year in a row in 2022, an accomplishment that highlights his competence, leadership skills and humility. - Median worker pay: $33,930 (1,942:1 ratio), - 2021 salary: $66.0 million In 1933, the U.S. government asked 2,000 corporations listed on stock exchanges in New York to disclose how much they paid their top bosses its first effort at . Overall, his annual earnings in 2022 were 13.2% higher compared to 2021 when he received $13.6 million Singapore dollars or US$10 million. Please contact Amit Batish at abatish@equilar.com. It saw the highest rise for specialists, followed . The PvP rules require public companies to disclose both tabular and narrative information reflecting the relationship between compensation actually paid (CAP) to a companys named executive officers (NEOs) and the companys financial performance. Despite the high earnings of the nonprofit's executives,Brown said most of the people who utilize Planned Parenthood's services have low income, with 70% of the clientele having a household income of less than $40,000. This website uses cookies to improve your experience while you navigate through the website. Observers are not surprised. - Median worker pay: $112,078 (208:1 ratio), - 2021 salary: $23.3 million During the early stages of his career, Huang held down roles such as director at LSI Logic and microprocessor designer at Advanced Micro Devices Inc. Today, he helms a multinational tech company. Out of the 100. He co-founded Regeneron Pharmaceuticals with his partner, George Yancopoulos, in 1988. "Discovery Communications, 2020. Camouflage compensation is payand/or benefits granted to upper-echelon employees that maynot be disclosed clearly in mandatory company filings. Juan Luciano (Archer-Daniels-Midland Co.), #69. After selling his first startup for a substantial profit, he founded the streaming company we all know and love during the same year. That was higher than the leaders of larger carriers Alaska Airlines and JetBlue Airways, but more on them later. - Median worker pay: $109,269 (201:1 ratio), - 2022 salary: $22.1 million - Median worker pay: $247,541 (245:1 ratio), - 2021 salary: $65.9 million There's one name you won't find on the various lists of the highest-paid CEOs of 2020: Elon Musk. The year2018 was another good one for CEOs and their pay packages, if not for shareholder value creation. "Its disingenuous that in Planned Parenthoods most recent annual report they claim to be committed to breaking down barriers of structural racism that block access to care, when they so obviously havent done so in their own organization," she added. She also writes articles that bring together information from across different financial fields. The pay package was enough to rank him third on our yearly rankings of biopharma's . All pay components increase, with cash bonus being the exception. Walter Bettinger II (The Charles Schwab Corp.), #88. - Median worker pay: $102,270 (2,897:1 ratio). Kilar was the highest-paid media executive in 2020. [emailprotected]. Elon Muskis a force to be reckoned with. - Median worker pay: $35,618 (634:1 ratio), - 2020 salary: $22.6 million Similar to the previous year, the 2023 edition of the Equilar 100 did not feature a woman among the top 10 highest-paid CEOs. Highest CEO Salary: . The options awards detailed in the 2018 plan were based on Tesla hitting various milestones for market capitalization and either revenue or Ebitdaearnings before interest, taxation, depreciation and amortization. ", U.S. Securities and Exchange Commission. Guptas pay includes a cash bonus of $5.8 million, a salary of $1.5 million and deferred pay. - Median worker pay: $97,130 (221:1 ratio), - 2021 salary: $21.5 million share our stories with your audience. In February, Musk temporarily overtook Amazon's Jeff Bezos as the world's richest man, with an estimated net worth of $200 billion. Dcouvrez comment nous utilisons vos donnes personnelles dans notre Politique de confidentialit et notre Politique relative aux cookies. Christies compensation was more than half stock-based, though an undisclosed amount of stock awards were rescinded due to CARES Act rules. mesurer votre utilisation de nos sites et applications. One notable year-to-year change: Former WarnerMedia CEO Jason Kilar, whose $52.2 million pay package in 2020 topped the scorecard, is out. Parkers compensation was almost entirely in stock, 7.2 million shares, plus $38,011 in other compensation last year. "Tesla Announces New Long-Term Performance Award for Elon Musk, Jan. - Median worker pay: $232,626 (130:1 ratio), - 2021 salary: $30.6 million - Median worker pay: $114,183 (218:1 ratio), - 2021 salary: $24.9 million In addition, a financial metriceither revenue or adjusted EBITDA growthmust be hit each quarter. - Median worker pay: $69,671 (343:1 ratio), - 2021 salary: $23.9 million - Median worker pay: $56,202 (415:1 ratio), - 2021 salary: $23.5 million In 2002, he launched SpaceX, a private company focused on shaking up the space industry. Daniel Schulman (PayPal Holdings Inc.), #21. Its dividend payouts also increased. It is compiled using regulatory filings submitted to the US Securities and Exchange Commission. Pykosz's compensation comprised a salary, bonus, stock awards, option awards, and perks. - Median worker pay: $109,304 (323:1 ratio), - 2021 salary: $36.1 million - Median worker pay: $104,400 (1,711:1 ratio), - 2021 salary: $212.7 million You may opt-out by. Safra A. Catz, who is also a director of The Walt Disney Company (DIS), received the same compensation package as Mark Hurd in 2018, except her perks were lower at $19,780., Both of their pay packages increased by around 165% from $41 million in 2017. Highest-Paid CEOs CEO pay continues to outpace the pay of working people across the country. restrictions, which you can review below. DeltaQuest Media Limited. Javascript is required for this site to display correctly. - Median worker pay: $35,879 (866:1 ratio), - 2021 salary: $31.4 million American Life League's STOPP International, an organization dedicated to serving as a watchdog on Planned Parenthood, recently released a report titled "The STOPP International 2023 Report on Planned Parenthood CEO Compensation," which offers analysis of how much money executives affiliated with the nonprofit are raking in. Overall, the economic downturn was reflected in median revenue figures for the Equilar 100, which reached $28.5 billion in 2022. Before Netflix, Hastings founded Pure Software, which would later be known as Pure Atria following a merger. That extra line meant that AT&T could leave out any executive earning less than $7.5 million, which was how much Lori Lee, the CEO of AT&T Latin America and the companys global marketing officer, earned last year. United Airlines CEO Scott Kirby followed up Bastian making $9.85 million in 2021. 2018. But how does he stack up to his peers? Sanjay Mehrotra (Micron Technology Inc.), #48. Among the hotly contested debates in the contemporary United States is what to make of the vast discrepancy that exists between the salaries of the country's top-earning CEOs and the average worker within their companies. Top Male CEOs: 1. mishandling sexual harassment allegations. Cook has also utilized his executive position to advocate for climate change, committing Apple to becoming completely carbon neutral by 2030. And Bob Chapek, in his first full fiscal year as CEO, crossed the $30 million mark. ", Economic Research Institute. On the other hand, Moderna recorded the lowest CAP figure in the studya $306.2 million loss in value for CEO Stephane Bancel, driven by the Companys low stock performance in light of the final stages of the pandemic and decreased COVID-19 vaccine sales. Melina started writing for CareerAddict back in 2019, and she largely covers workplace issues, career development, internships and student life. Tan has worn many hats throughout his career, holding financial positions at General Motors and Pepsi Co, serving as Vice President of Finance at Commodore International Ltd, then as CEO of Integrated Circuit Systems Inc and later as the chairman ofIntegrated Device Technology Inc. With Kilars stock grant disclosed in last years proxy, his total payin 2021 was likely around$5 million, give or take. Kean and Bird saw their compensations increase 4,381% and 2,477%, respectively., Those awarded the most dramatically lower amounts were Ari Bousbib of health care data and services provider IQVIA Holdings (IQV), biotech firm United Therapeutics's (UTHR) Martine Rothblatt and financial services provider Fidelity National Information Services (FIS) chief Gary A. Norcross. To exercise the options, itll cost Musk about $2.36 billion; net of those costs, Forbes calculates that the options added $11 billion to Musks fortune. - Median worker pay: $48,770 (473:1 ratio), - 2021 salary: $23.2 million Change from last year: 6,592%. If calculated, that would mean that Gupta earned about $31,200 . The company acquired Scripps Networks Interactive last year. - Median worker pay: $107,880 (284:1 ratio), - 2021 salary: $30.8 million Gupta, who has been the CEO and Director of DBS Group since 2009, earned a total of $15.4 Singaporean dollars or US$11.4 million last year. Jassy saw nearly all of his $212.7 million pay package arrive via a stock grant tied to his elevation to CEO in July. Most S&P 500 companies said their median worker was paid more in 2022, and about 100 of them said pay rose at least 10%. Austin Community College, CC BY 2.0 via Wikimedia Commons. - Median worker pay: $81,320 (290:1 ratio), - 2021 salary: $23.6 million nvidia.corporation, CC BY-SA 2.0 via Wikimedia Commons. (Saul Loeb/AFP via Getty Images / Getty Images). - Median worker pay: $71,936 (305:1 ratio), - 2021 salary: $21.9 million Donald Umpleby III (Caterpillar Inc.), #52. Peter Zaffino (American International Group Inc.), #90. In a somewhat surprising turn of events, Spirit Airlines CEO Ted Christie taking home $3.87 million was the fifth best-paid airline leader in the U.S. last year. Overall, Sweet was the fifteenth highest-paid CEO on this years list. ", New York Times. ", Palo Alto Networks. As the co-founder, chair and co-CEO of Salesforce, Marc Benioff has fostered his companys growth through a series of major acquisitions, including Tableau and Slack. But in 2021, AT&T opted not to include him at all in its proxy statement, despite the fact that he was still a senior executive at the company when it was filed. Tesla hit four of these targets by the end of 2020, reaching $20 billion in annualized revenue and growing adjusted Ebitda from less than $1.5 billion to $4.5 billion on an annualized basis. Gupta, who has been the CEO and Director of DBS Group since 2009, earned a total of $15.4 Singaporean dollars or US$11.4 million last year. The market-cap milestones are based on a trailing monthly average, beginning at $100 billion and increasing by $50 billion increments thereafterbut Tesla blew those out of the water, rising to a market capitalization of more than $650 billion by the end of 2020. - Median worker pay: $75,984 (298:1 ratio), - 2021 salary: $22.7 million If calculated, that would mean that Gupta earned about $31,200 per day, according to the Singapore banks latest annual report. If your organization is interested in becoming a Stacker No one embodies this better than Elon Musk, the space and electric-car titan who was the highest-paid executive in the U.S. for 2019 with $595.3 million, according to the Bloomberg Pay. - Median worker pay: $98,550 (219:1 ratio), - 2021 salary: $21.6 million His pay vs typical company worker: 2,897 times, up from 53. the pay package entitles Musk to options that will give him the right to buy a total of . - Median worker pay: $25,335 (1,013:1 ratio), - 2021 salary: $26.1 million ", Macrotrends. The negative impact of low returns isnt reflected in the value of 2022 stock awards as the economy was much more stable to start 2022 when most awards were granted. The median value of cash bonuses decreased by 5.9% in 2022 to $4.2 million, a stark contrast to last years study when cash bonuses surged by 46.4%. Fabrizio Freda (The Estee Lauder Companies Inc.), What you could buy for the price of a pack of cigarettes a day, Here's how many households spend over half their income on rent in every state, States where people receive the biggest tax refunds, American Federation of Labor and Congress of Industrial Organizations, https://creativecommons.org/licenses/by-nc/4.0/?ref=chooser-v1. Stephen Squeri (American Express Co.), #44. A year later he invested in Tesla Motors, a startup car manufacturer that aims to produce all-electric production cars, something mainstream manufacturers had tried to do and failed miserably setting Tesla as the leader in the industry. Richard Beckwitt and Jonathan Jaffe (Lennar Corp.), #19. Robert G. Goldstein (Las Vegas Sands Corp.), #27. Deferred compensation is also included. Jeffrey Storey (Lumen Technologies Inc.), #74. Activision was recently caught up in a flood of lawsuits and Kotick has been accused of mishandling sexual harassment allegations, resulting in employees calling for his resignation. - Median worker pay: $132,798 (191:1 ratio), - 2021 salary: $25.4 million The top 10 highest paid CEOs of the Fortune 500 BY Ashley Lutz, Maria Aspan and Scott DeCarlo May 28, 2022, 4:04 AM PDT The world's richest person also received the highest CEO. "Nikesh Arora will earn $128 million as the new CEO of cybersecurity firm Palo Alto Networks, June 2018. Most carriers reinstated pay to pre-pandemic levels in 2021. In 2018, Oracle Corp. (ORCL) CEO Mark Hurd received a base salary of $950,000, stock options valued at $103.7 million, perks of $32,470, and a bonus of $3.7 million, according to a filing from the company. David Lesar (CenterPoint Energy Inc.), #16. A lot of this comes down to how companies are required to disclose executive compensation with the Securities and Exchange Commission. Compensation actually paid is much less than total pay. Retirees Called In To Make Stinger Missiles in Boost for Ukraine, Dutch King Apologizes for His Countrys Role in the Slave Trade, N.J. county uses innovative program to treat, prevent drug overdoses, France riots: Macron postpones Germany trip amid unrest, Hot Dog Eating Champ Miki Sudo on What It Takes to Be a Competitive Eater, Actor Alan Arkin, Oscar winner for Little Miss Sunshine, dead at 89, Macron Cancels State Visit to Germany Amid Unrest at Home, Yevgeny Prigozhin will never be discussed again: Russian media to erase all traces of mutinous warlord, Scientists see surprising brain activity in sleeping octopuses that could mean they dream like us, Why Lucille Balls daughter, Lucie Arnaz, made a deal to be fired from Heres Lucy, Cruel and extreme: Governor vetoes bill to protect children from risky transgender surgery, puberty blockers. And familiar names like Jeff Bezos and Elon Musk are nowhere on that list. The Macroeconomic And Real Estate Situation At Mid-Year: Cue The FOMC Again, Where The Money Is Going In Market Sectors. - Median worker pay: $75,209 (309:1 ratio), - 2021 salary: $23.2 million Taco Bell CEO Mark King is retiring at the end of the year, and the brand is promoting from within to replace him.