In 2023, the highest-paid CEO was Hock Tan, the CEO of the chipmaker Broadcom. He received a total compensation of $161.8 million. Although some other high-wattage CEOs like Tim Cook of Apple, who is ranked 6th with a compensation of $63.2 million, or Satya Nadella, the CEO of Microsoft, ranked 9th with a total compensation of $48.5 million, are still among the highest-paid.
Hock Tan’s total compensation for the year 2023 amounted to $161.8 million, reflecting a significant increase of 167% from the previous year, as reported by Equilar. The pay ratio, which is the difference between his earnings and the average salary of an employee at the chip and software maker, was 510 to 1. The company generated $35.8 billion in revenue during fiscal 2023. The CEO of the cybersecurity company, Nikesh Arora, received a total compensation of $151.4 million, marking a 1,355% surge. The company’s CEO-to-worker pay ratio was 735 to 1, while the revenue in fiscal 2023 reached $6.89 billion.
Sue Nabi is the CEO of Coty, a beauty company. Her compensation package was $149.4 million, up by 4,100%. Coty’s CEO-to-worker pay ratio was 3,769 to 1, and revenue was $5.55 billion in fiscal 2023. Christopher Winfrey was appointed as the head of the cable company in December 2022 and received a total compensation of $89.1 million. The boss-to-worker pay ratio at the company was 1,635 to 1, while their revenue in fiscal year 2023 amounted to $54.6 billion.
Highest-paid CEOs in America
RANK | EXECUTIVE NAME | COMPANY | TICKER | TOTAL COMPENSATION |
---|---|---|---|---|
1 | Hock E. Tan | Broadcom Inc. | AVGO | $161,826,161 |
2 | Nikesh Arora | Palo Alto Networks, Inc. | PANW | $151,425,203 |
3 | Sue Y. Nabi | Coty Inc. | COTY | $149,429,486 |
4 | Christopher L. Winfrey | Charter Communications, Inc. | CHTR | $89,077,078 |
5 | William J. Lansing | Fair Isaac Corporation | FICO | $66,349,962 |
6 | Timothy D. Cook | Apple Inc. | AAPL | $63,209,845 |
7 | Jagtar Singh Chaudhry | Zscaler, Inc. | ZS | $57,775,483 |
8 | Hamid R. Moghadam | Prologis, Inc. | PLD | $50,891,597 |
9 | Satya Nadella | Microsoft Corporation | MSFT | $48,512,537 |
10 | Shantanu Narayen | Adobe Inc. | ADBE | $44,932,578 |
11 | Stephen J. Squeri | American Express Company | AXP | $35,612,371 |
12 | Paul C. Reilly | Raymond James Financial, Inc. | RJF | $34,912,956 |
13 | Stuart A. Miller | Lennar Corporation | LEN | $34,284,913 |
14 | John J. Donahoe, II | NIKE, Inc. | NKE | $32,789,885 |
15 | David V. Auld | D.R. Horton, Inc. | DHI | $31,886,570 |
16 | Charles H. Robbins | Cisco Systems, Inc. | CSCO | $31,843,708 |
17 | Robert A. Iger | The Walt Disney Company | DIS | $31,587,166 |
18 | Julie Spellman Sweet | Accenture plc | ACN | $31,550,906 |
19 | Peter Richard Orszag | Lazard, Inc. | LAZ | $30,834,841 |
20 | Charles R. Kummeth | Bio-Techne Corporation | TECH | $30,584,644 |
21 | Lisa T. Su, Ph.D. | Advanced Micro Devices, Inc. | AMD | $30,348,281 |
22 | Jonathan M. Jaffe | Lennar Corporation | LEN | $29,140,667 |
23 | Richard D. Fairbank | Capital One Financial Corporation | COF | $28,578,741 |
24 | Ari Bousbib | IQVIA Holdings Inc. | IQV | $28,306,761 |
25 | Gregory Q. Brown | Motorola Solutions, Inc. | MSI | $28,177,251 |
26 | David P. Bozeman | C.H. Robinson Worldwide, Inc. | CHRW | $27,966,653 |
27 | Brian T. Moynihan | Bank of America Corporation | BAC | $27,615,466 |
28 | Sasan K. Goodarzi | Intuit Inc. | INTU | $27,305,429 |
29 | Gary E. Dickerson | Applied Materials, Inc. | AMAT | $26,854,544 |
30 | David M. Solomon | The Goldman Sachs Group, Inc. | GS | $26,670,718 |
31 | Richard P. Wallace | KLA Corporation | KLAC | $26,644,359 |
32 | James Duncan Farley, Jr. | Ford Motor Company | F | $26,470,033 |
33 | James M. Cracchiolo | Ameriprise Financial, Inc. | AMP | $26,441,318 |
34 | Brian X. Tierney | FirstEnergy Corp. | FE | $26,403,462 |
35 | Thomas H. Pike | Fortrea Holdings Inc. | FTRE | $26,320,395 |
36 | John C. May, II | Deere & Company | DE | $26,285,804 |
37 | Ramon L. Laguarta | PepsiCo, Inc. | PEP | $26,160,013 |
38 | Charles W. Scharf | Wells Fargo & Company | WFC | $25,966,198 |
39 | Vincent T. Roche | Analog Devices, Inc. | ADI | $25,543,635 |
40 | Christopher H. Peterson | Newell Brands Inc. | NWL | $25,536,707 |
41 | Jane Nind Fraser | Citigroup Inc. | C | $25,458,313 |
42 | Sanjay Mehrotra | Micron Technology, Inc. | MU | $25,276,953 |
43 | David A. Ricks | Eli Lilly and Company | LLY | $25,125,910 |
44 | Richard A. Gonzalez | AbbVie Inc. | ABBV | $24,330,355 |
45 | Dara Khosrowshahi | Uber Technologies, Inc. | UBER | $24,248,208 |
46 | Hans E. Vestberg | Verizon Communications Inc. | VZ | $24,129,317 |
47 | Richard B. Handler | Jefferies Financial Group Inc. | JEF | $24,113,131 |
48 | Kevin M. Stein | TransDigm Group Incorporated | TDG | $23,845,374 |
49 | James Quincey | The Coca-Cola Company | KO | $23,821,626 |
50 | Daniel L. Jones | Encore Wire Corporation | WIRE | $23,728,235 |
51 | Kevin J. O’Donnell | RenaissanceRe Holdings Ltd. | RNR | $23,647,253 |
52 | Cristiano R. Amon | QUALCOMM Incorporated | QCOM | $23,490,335 |
53 | Terrence A. Duffy | CME Group Inc. | CME | $23,412,854 |
54 | Carol B. Tome | United Parcel Service, Inc. | UPS | $23,390,051 |
55 | Michael J. Hennigan | Marathon Petroleum Corporation | MPC | $23,312,729 |
56 | James D. Taiclet, Jr. | Lockheed Martin Corporation | LMT | $22,813,775 |
57 | Anthony G. Capuano | Marriott International, Inc. | MAR | $22,664,045 |
58 | Daniel Patrick O’Day | Gilead Sciences, Inc. | GILD | $22,607,690 |
59 | Ryan McInerney | Visa Inc. | V | $22,599,942 |
60 | Phebe N. Novakovic | General Dynamics Corporation | GD | $22,582,776 |
61 | Leon J. Topalian | Nucor Corporation | NUE | $22,500,626 |
62 | Seifollah Ghasemi | Air Products and Chemicals, Inc. | APD | $22,066,424 |
63 | Robert G. Goldstein | Las Vegas Sands Corp. | LVS | $21,937,818 |
64 | Joaquin Duato | Johnson & Johnson | JNJ | $21,936,740 |
65 | Gregory J. Hayes | RTX Corporation | RTX | $21,916,265 |
66 | Gail Koziara Boudreau | XElevance Health, Inc. | ELV | $21,889,039 |
67 | Jon R. Moeller | The Procter & Gamble Company | PG | $21,715,625 |
68 | Toby J. Williams | Paylocity Holding Corporation | PCTY | $21,672,572 |
69 | Steven R. Beauchamp | Paylocity Holding Corporation | PCTY | $21,583,365 |
70 | Albert Bourla, Ph.D. | Pfizer Inc. | PFE | $21,553,624 |
71 | Joseph M. Zubretsky | Molina Healthcare, Inc. | MOH | $21,491,723 |
72 | Samuel N. Hazen | HCA Healthcare, Inc. | HCA | $21,315,984 |
73 | Lachlan K. Murdoch | Fox Corporation | FOXA | $21,131,902 |
74 | David M. Cordani | The Cigna Group | CI | $20,966,670 |
75 | Rainer M. Blair | Danaher Corporation | DHR | $20,903,282 |
76 | Kevin A. Lobo | Stryker Corporation | SYK | $20,767,847 |
77 | Jason D. Robins | DraftKings Inc. | DKNG | $20,757,991 |
78 | Fabrizio Freda | The Estée Lauder Companies Inc. | EL | $20,753,644 |
79 | Robert Kyncl | Warner Music Group Corp. | WMG | $20,426,385 |
80 | Arvind Krishna, Ph.D. | IBM | IBM | $20,375,243 |
81 | Thomas P. Werner | Lamb Weston Holdings, Inc. | LW | $20,352,276 |
82 | Lynn J. Good | Duke Energy Corporation | DUK | $20,215,105 |
83 | John D. Wren | Omnicom Group Inc. | OMC | $20,150,620 |
84 | Antonio F. Neri | Hewlett Packard Enterprise Company | HPE | $20,066,549 |
85 | Ernest Scott Santi | Illinois Tool Works Inc. | ITW | $19,859,248 |
86 | Christopher E. Kubasik | L3Harris Technologies, Inc. | LHX | $19,824,247 |
87 | James R. Fitterling | Dow Inc. | DOW | $19,809,975 |
88 | Robert B. Ford | Abbott Laboratories | ABT | $19,602,891 |
89 | Michael E. Hurlston | Synaptics Incorporated | SYNA | $19,577,634 |
90 | Douglas L. Peterson | S&P Global Inc. | SPGI | $19,506,412 |
91 | Gregory L. Christopher | Mueller Industries, Inc. | MLI | $19,464,383 |
92 | Enrique J. Lores | HP Inc. | HPQ | $19,458,431 |
93 | Jacek Olczak | Philip Morris International Inc. | PM | $19,424,598 |
94 | Frederic B. Lissalde | BorgWarner Inc. | BWA | $19,308,195 |
95 | Bryan B. DeBoer | Lithia Motors, Inc. | LAD | $19,285,990 |
96 | John G. Morikis | The Sherwin-Williams Company | SHW | $19,281,779 |
97 | Robert J. Thomson | News Corporation | NWSA | $19,277,292 |
98 | William S. Demchak | The PNC Financial Services Group, Inc. | PNC | $19,157,718 |
99 | John Q. Doyle | Marsh McLennan | MMC | $19,054,956 |
100 | Jeffrey Walker Martin | Sempra | SRE | $19,052,189 |
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