Investing

24/7 Wall St./MyLogIQ CEO Pay For S&P 500

Warren Buffett
Dimitrios Kambouris / Getty Images Entertainment via Getty Images

Public corporation CEO compensation has been considered excessive in the United States for decades. What these CEOs make is easy to determine, because publicly traded companies are required to disclose the information. Among the groups that have complained most loudly are those who believe CEOs make little contribution to American society. Why should a CEO make hundreds of times more than school teachers, firemen, or nurses? Yet another group which often objects is shareholders, particularly when CEOs are paid well in a year when earnings or stock prices have performed poorly.

Despite these and other objections, CEO pay has risen steadily for years. Using data for the S&P 500 companies that file on a calendar year, and provided by MyLogIQ, CEO pay rose about $1 million on average in 2021 compared to the previous year. Last year the figure hit $18.5 million. These numbers include base salary, bonuses, stock compensation, and other payments companies are required to disclose to the SEC. The highest paid CEO last year was Peter Kern, who ran Expedia Group, an online shopping and travel website. His 2021 compensation was $296,247,749.

Another means by which CEO pay is measured is compared to the median compensation of each company’s employees. The rule, put into effect in 2015 by the SEC, was part of the Dodd Frank legislation. The data began to be filed in 2018. Many of these numbers have been staggering, as they were again last year. CEO to median employee pay among the S&P 500 was 317 to 1. These figures include employees both inside and outside the U.S. 

The CEO to median employee ratio is often highest among companies where workers are paid very little. One example is Yum Brands, which owns KFC, Taco Bell, and Pizza Hut. Its CEO David Gibbs made $27,578, 569, which was 2,108 times more than the median pay of his workers. Starbucks is another example. CEO Kevin Johnson made $20,425,164 which is 1,579 times more than the median pay of his employees. (He was recently pushed out in favor of former CEO Howard D. Schultz. Schultz will be paid $1 a year.) Yet another example is Chipotle Mexican Grill. CEO Brian Niccol made $17,880,580, which is 1,131 times more than the median pay of his workers. The highest pay ratio was at Aptiv where CEO Kevin Clark made $14,744,780, which is 1,992 more than the company’s median employee comp. 

Not all CEOs make huge amounts of money. Last year, Warren Buffett, one of the longest serving CEOs in America, made only $373,204. Buffet is one of America’s richest people, with a net income of $102 billion, according to the Forbes 400. Most of this money comes from his ownership in the company he runs.

Data was provided by MyLogIQ which screens public data on corporations using artificial intelligence and machine learning. It screened 446 entries for 2021. Eight of the companies have two CEOs, so total public companies reporting were 438. Companies that close their years on the last day of December must have proxies filed by April 30. Subscriptions available from MyLogIQ to compensation analysis of all US traded companies.

Correction: A previous version of this article incorrectly listed Jonathan B. Nelson as the CEO of Omnicom Group. Nelson is the CEO of Digital. John D. Wren is the CEO of Omnicom Group. This error has been corrected. 

CEO Company Compensation Median employee compensation Pay ratio
Michael F. Roman 3M Company $18,200,584 $71,821 253:1
Robert B. Ford Abbott Laboratories $24,914,886 $97,952 254:1
Richard A. Gonzalez AbbVie $23,912,154 $149,662 160:1
Julie Sweet Accenture $23,085,391 $48,770 473:1
Shantanu Narayen Adobe $36,128,725 $165,733 218:1
Thomas R. Greco Advance Auto Parts $10,052,271 $24,960 403:1
Lisa T. Su Advanced Micro Devices $29,498,107 $128,263 230:1
Andres R. Gluski The AES Corporation $14,379,190 $47,543 302:1
Daniel P. Amos Aflac $15,728,233 $65,458 240:1
Michael R. Mcmullen Agilent Technologies $15,967,631 $82,890 193:1
Seifollah Seifi Ghasemi Air Products & Chemicals $13,819,010 $68,613 201:1
F. Thomson Leighton Akamai Technologies $11,951,574 $112,018 107:1
Benito Minicucci Alaska Air Group $5,130,162 $74,911 69:1
J. Kent Masters, Jr. Albemarle $9,040,753 $70,574 128:1
Peter M. Moglia Alexandria Real Estate Equities $8,274,131 $176,113 72:1
Stephen A. Richardson Alexandria Real Estate Equities $8,320,228 $176,113 72:1
Joseph M. Hogan Align Technology $21,591,400 $13,011 1,659:1
David D. Petratis Allegion $7,688,243 $65,338 118:1
John O. Larsen Alliant Energy $10,449,260 $110,610 94:1
Thomas J. Wilson The Allstate Corporation $19,066,920 $62,235 306:1

CEO Company Compensation Median employee compensation Pay ratio
Sundar Pichai Alphabet $6,322,599 $295,884 21:1
William F. Gifford, Jr. Altria Group $12,626,972 $142,614 89:1
Andrew R. Jassy Amazon.com $212,701,169 $32,855 6,474:1
Martin J. Lyons Jr. Ameren $4,305,713 $132,415 74:1
Douglas W. Parker American Airlines Group $7,238,011 $62,765 115:1
Nicholas K. Akins American Electric Power Company $15,051,215 $111,771 135:1
Stephen J. Squeri American Express Company $25,513,922 $67,460 378:1
Peter Zaffino American International Group $21,905,220 $71,936 305:1
Thomas A. Bartlett American Tower $16,114,574 $37,616 428:1
Walter J. Lynch American Water Works Company $7,398,128 $91,238 81:1
James M. Cracchiolo Ameriprise Financial $21,229,464 $129,010 165:1
Steven H. Collis AmerisourceBergen $14,873,815 $65,076 229:1
David A. Zapico AMETEK $12,919,431 $68,238 189:1
Robert A. Bradway Amgen $21,721,154 $130,589 166:1
R. Adam Norwitt Amphenol $13,092,697 $16,042 816:1
Vincent T. Roche Analog Devices $30,824,323 $46,141 668:1
Ajei S. Gopal ANSYS $18,260,634 $118,588 154:1
Gail K. Boudreaux Anthem $19,348,241 $51,005 379:1
John J. Christmann IV APA Corporation $15,040,707 $174,903 86:1
Tim D. Cook Apple $98,734,394 $68,254 1,447:1

CEO Company Compensation Median employee compensation Pay ratio
Gary E. Dickerson Applied Materials $35,265,559 $109,304 323:1
Kevin P. Clark Aptiv $14,744,780 $7,402 1,992:1
Juan R. Luciano Archer-Daniels-Midland Company $23,508,841 $81,320 290:1
Jayshree Ullal Arista Networks $15,993,632 $190,816 84:1
J Patrick Gallagher Jr. Arthur J. Gallagher & Company $13,882,255 $64,135 216:1
Alan B. Colberg Assurant $11,504,780 $44,558 258:1
John T. Stankey AT&T, Inc. $24,820,879 $107,570 231:1
J. Kevin Akers Atmos Energy $6,467,314 $78,050 83:1
William C. Rhodes III AutoZone $14,838,996 $30,375 488:1
Timothy J. Naughton AvalonBay Communities $14,371,460 $79,313 181:1
Mitchell R. Butier Avery Dennison $12,433,721 $15,256 815:1
Lorenzo Simonelli Baker Hughes Company $15,646,451 $69,701 224:1
John A. Hayes Ball Corporation $13,924,380 $131,452 106:1
Brian T. Moynihan Bank of America $23,729,169 $102,497 232:1
Thomas P. Todd Gibbons Bank of New York Mellon $14,128,042 $76,123 186:1
Andrew Meslow Bath & Body Works $17,668,627 $10,632 1,662:1
Jose E. Almeida Baxter International $15,634,734 $46,351 337:1
Thomas E. Polen Becton, Dickinson and Company $14,189,333 $38,690 367:1
W. Robert Berkley, Jr. W.R. Berkley $14,147,305 $102,973 138:1
Warren E. Buffett Berkshire Hathaway $373,204 $58,881 06:1

CEO Company Compensation Median employee compensation Pay ratio
Corie S. Barry Best Buy Co. $15,631,157 $29,999 521:1
Norman D. Schwartz Bio-Rad Laboratories $8,695,925 $78,820 110:1
Laurence D. Fink BlackRock $32,587,335 $164,492 198:1
David L. Calhoun The Boeing Company $21,093,605 $124,844 169:1
Glenn D. Fogel Booking Holdings $53,982,195 $58,005 931:1
Frederic B. Lissalde BorgWarner $17,592,090 $31,740 554:1
Owen D. Thomas Boston Properties $12,894,537 $123,647 104:1
Michael F. Mahoney Boston Scientific $16,064,039 $68,891 233:1
Giovanni Caforio Bristol-Myers Squibb Company $19,784,806 $148,649 133:1
Hock E. Tan Broadcom $60,703,627 $247,541 245:1
J. Powell Brown Brown & Brown $9,201,035 $91,957 100:1
Robert C. Biesterfeld Jr. C.H. Robinson Worldwide $10,233,276 $57,391 178:1
Anirudh Devgan Cadence Design Systems $21,735,794 $109,304 102:1
Thomas R. Reeg Caesars Entertainment $22,576,517 $35,618 634:1
Richard J. Campo Camden Property Trust $4,285,423 $58,767 73:1
Mark A. Clouse Campbell Soup Company $9,903,652 $68,586 144:1
Richard D. Fairbank Capital One Financial $20,457,553 $81,029 252:1
Arnold W. Donald Carnival $15,063,788 $8,658 1,740:1
David Gitlin Carrier Global $14,892,815 $66,377 224:1
Edward T. Tilly Cboe Global Markets $10,646,558 $165,355 64:1

CEO Company Compensation Median employee compensation Pay ratio
Robert E. Sulentic CBRE Group $13,908,085 $57,349 243:1
Christine A. Leahy CDW Corporation $8,943,903 $103,536 86:1
Lori J. Ryerkerk Celanese $12,570,992 $90,427 139:1
Michael F F. Neidorff Centene $20,637,990 $71,217 290:1
David J. Lesar CenterPoint Energy $37,809,810 $103,170 366:1
David D. Ossip Ceridian HCM Holding $10,626,701 $83,919 127:1
Leagh E. Turner Ceridian HCM Holding $6,470,279 $83,919 127:1
David T. Feinberg Cerner $20,499,056 $75,480 298:1
Anthony W. Will CF Industries Holdings $11,685,670 $128,415 91:1
James C. Foster Charles River Laboratories International $13,705,580 $51,848 264:1
Thomas M. Rutledge Charter Communications $41,860,263 $60,007 698:1
Michael K. Wirth Chevron $22,610,285 $183,531 123:1
Brian R. Niccol Chipotle Mexican Grill $17,880,580 $15,811 1,131:1
Evan G. Greenberg Chubb $23,181,184 $71,894 322:1
Matthew T. Farrell Church & Dwight Company $8,889,526 $73,466 121:1
David M. Cordani Cigna $19,872,266 $66,917 297:1
Steven J. Johnston Cincinnati Financial $6,490,767 $105,458 62:1
Charles H. Robbins Cisco Systems $25,446,695 $124,806 204:1
Jane Fraser Citigroup $20,541,324 $55,285 372:1
Bruce Van Saun Citizens Financial Group $12,430,076 $82,418 151:1

CEO Company Compensation Median employee compensation Pay ratio
Terrence A. Duffy CME Group $22,924,737 $153,565 150:1
Garrick J. Rochow CMS Energy $6,871,068 $129,141 53:1
James Quincey The Coca-Cola Company $24,883,878 $13,894 1,791:1
Brian Humphries Cognizant Technology Solutions $19,687,285 $34,225 575:1
Noel R. Wallace Colgate-Palmolive Company $15,458,151 $40,469 382:1
Brian L. Roberts Comcast $33,978,581 $83,840 405:1
Curtis C. Farmer Comerica $7,696,094 $102,385 75:1
Ryan M. Lance ConocoPhillips $23,886,640 $179,428 133:1
Timothy P. Cawley Consolidated Edison $10,342,198 $132,803 78:1
Joseph Dominguez Constellation Energy $3,352,277 N/A N/A
Albert G. White III The Cooper Companies $10,994,906 $36,105 305:1
A. Jayson Adair Copart $490,647 $35,638 14:1
Wendell P. Weeks Corning $20,766,032 $40,760 509:1
Charles V. Magro Corteva $792,786 $85,572 166:1
Craig W. Jelinek Costco Wholesale $8,752,252 $45,294 193:1
Thomas E. Jorden Coterra Energy $11,061,939 $91,440 131:1
Jay A. Brown Crown Castle International $14,553,510 $128,795 113:1
James M. Foote CSX Corporation $20,006,806 $107,772 186:1
N. Thomas Linebarger Cummins $15,645,919 $53,864 291:1
Karen S. Lynch CVS Health $20,388,412 $45,010 458:1

CEO Company Compensation Median employee compensation Pay ratio
Rainer M. Blair Danaher $17,152,267 $66,203 259:1
Javier J. Rodriguez DaVita $3,298,439 $67,535 49:1
John C. May Deere & Company $19,912,826 $82,240 242:1
Edward H. Bastian Delta Air Lines $12,360,420 $70,240 176:1
Donald M. Casey Jr. Dentsply Sirona $9,251,885 $56,466 164:1
Richard A. Muncrief Devon Energy $11,914,547 $179,900 67:1
Kevin R. Sayer DexCom $11,985,324 $63,500 189:1
Travis D. Stice Diamondback Energy $13,839,995 $108,354 128:1
A. William Stein Digital Realty Trust $17,139,601 $122,276 140:1
Roger C. Hochschild Discover Financial Services $12,087,218 $63,770 190:1
Erik W. Carlson DISH Network $2,895,882 $58,161 50:1
Todd J. Vasos Dollar General $16,618,873 $17,773 935:1
Michael A. Witynski Dollar Tree $10,249,698 $13,490 760:1
Robert M. Blue Dominion Energy $8,161,083 $110,406 74:1
Richard E. Allison Jr. Domino’s Pizza $7,138,002 $17,782 401:1
Richard J. Tobin Dover $14,085,860 $48,794 289:1
Jim R. Fitterling Dow Inc. $24,858,892 $95,607 260:1
Gerardo Norcia DTE Energy Company $11,128,277 $136,472 82:1
Lynn J. Good Duke Energy $16,451,236 $115,895 142:1
James B. Connor Duke Realty $9,493,924 $148,012 64:1

CEO Company Compensation Median employee compensation Pay ratio
Edward D. Breen DuPont de Nemours $15,106,986 $108,955 139:1
Mark J. Costa Eastman Chemical Company $17,798,861 $92,880 192:1
Craig Arnold Eaton $19,367,607 $56,287 344:1
Jamie Iannone eBay Inc. $21,685,102 $135,528 160:1
Christophe Beck Ecolab $8,365,888 $52,339 160:1
Pedro J. Pizarro Edison International $14,364,340 $175,717 82:1
Michael A. Mussallem Edwards Lifesciences $13,613,305 $73,036 186:1
David A. Ricks Eli Lilly and Company $21,509,985 $97,130 221:1
Surendralal (Lal) L. Karsanbhai Emerson Electric Company $15,806,036 $42,499 378:1
Badrinarayanan Kothandaraman Enphase Energy $19,019,162 $67,267 283:1
Leo P. Denault Entergy $17,045,744 $135,272 126:1
Ezra Y. Yacob EOG Resources $9,752,887 $185,838 51:1
Arkadiy Dobkin EPAM Systems $5,921,525 $27,200 218:1
Mark W. Begor Equifax $16,065,575 $90,330 178:1
Charles J. Meyers Equinix $23,248,193 $122,075 190:1
Mark J. Parrell Equity Residential $8,490,527 $62,996 135:1
Michael J. Schall Essex Property Trust $7,183,068 $85,350 84:1
Josh Silverman Etsy, Inc. $40,584,292 $231,338 175:1
Juan C. Andrade Everest Re Group $8,866,126 $151,276 59:1
David A. Campbell Evergy $11,138,082 $133,369 84:1

CEO Company Compensation Median employee compensation Pay ratio
Joseph R. Nolan Jr. Eversource Energy $6,467,078 $133,297 50:1
Christopher M. Crane Exelon $15,757,378 $160,633 98:1
Peter M. Kern Expedia Group $296,247,749 $102,270 2,897:1
Jeffrey S. Musser Expeditors International of Washington $13,026,304 $68,690 190:1
Joseph D. Margolis Extra Space Storage $7,315,982 $43,361 169:1
Darren W. Woods Exxon Mobil $23,572,488 $189,082 125:1
Franaois Locoh-Donou F5 Networks $11,469,726 $206,330 56:1
Daniel L. Florness Fastenal Company $2,423,614 $40,843 59:1
Donald C. Wood Federal Realty Investment Trust $7,520,917 $125,770 60:1
Gary A. Norcross Fidelity National Information Services $25,023,771 $64,135 390:1
Greg D. Carmichael Fifth Third Bancorp $10,531,649 $66,720 158:1
Steven E. Strah FirstEnergy $10,714,062 $124,120 86:1
Frank J. Bisignano Fiserv $20,385,208 $70,276 290:1
Ronald F. Clarke FleetCor Technologies $57,923,473 $41,265 1,404:1
Mark Douglas FMC Corporation $8,489,671 $54,297 156:1
James D. Farley Jr. Ford Motor Company $22,813,174 $64,003 356:1
Ken Xie Fortinet $14,203,211 $202,875 70:1
James A. Lico Fortive $16,598,719 $61,746 269:1
Nicholas I. Fink Fortune Brands Home & Security $10,170,381 $50,540 201:1
Jennifer M. Johnson Franklin Resources $9,862,161 $95,117 104:1

CEO Company Compensation Median employee compensation Pay ratio
Richard C. Adkerson Freeport-McMoRan $19,111,894 $77,036 248:1
Clifton A. Pemble Garmin $4,238,341 $38,118 111:1
Eugene A. Hall Gartner $14,096,168 $118,762 119:1
Aaron Jagdfeld Generac Holdings $7,519,812 $65,543 115:1
Phebe N. Novakovic General Dynamics $23,553,861 $92,585 254:1
H. Lawrence Culp, Jr. General Electric Company $22,663,449 $55,064 412:1
Mary T. Barra General Motors Company $29,136,780 $69,433 420:1
Paul D. Donahue Genuine Parts Company $11,810,704 $41,606 284:1
Daniel P. O’Day Gilead Sciences $19,229,466 $211,687 91:1
Jeffrey S. Sloan Global Payments $23,318,393 $56,202 415:1
Larry M. Hutchison Globe Life $8,323,666 $56,843 147:1
Gary L. Coleman Globe Life $8,353,754 $56,843 147:1
David M. Solomon The Goldman Sachs Group $39,545,072 $165,828 238:1
Jeffrey A. Miller Halliburton Company $23,591,982 $81,076 291:1
Christopher Swift The Hartford Financial Services Group $15,824,348 $106,940 148:1
Richard S. Stoddart Hasbro $3,130,233 $82,787 286:1
Samuel N. Hazen HCA Healthcare $20,635,260 $56,044 368:1
Thomas M. Herzog Healthpeak Properties $11,713,883 $177,521 66:1
Stanley M. Bergman Henry Schein $10,786,180 $72,625 121:1
Michele G. Buck The Hershey Company $16,144,570 $36,149 447:1

CEO Company Compensation Median employee compensation Pay ratio
Seifollah Seifi Ghasemi Air Products & Chemicals $13,819,010 $68,613 201:1
F. Thomson Leighton Akamai Technologies $11,951,574 $112,018 107:1
Benito Minicucci Alaska Air Group $5,130,162 $74,911 69:1
J. Kent Masters, Jr. Albemarle $9,040,753 $70,574 128:1
Peter M. Moglia Alexandria Real Estate Equities $8,274,131 $176,113 72:1
Stephen A. Richardson Alexandria Real Estate Equities $8,320,228 $176,113 72:1
Joseph M. Hogan Align Technology $21,591,400 $13,011 1,659:1
David D. Petratis Allegion $7,688,243 $65,338 118:1
John O. Larsen Alliant Energy $10,449,260 $110,610 94:1
John C. Plant Howmet Aerospace $17,189,000 $58,921 415:1
Enrique J. Lores HP Inc. $20,733,806 $67,667 306:1
Bruce D. Broussard Humana $16,528,036 $64,797 255:1
John N. Roberts III J.B. Hunt Transport Services $8,801,881 $78,560 112:1
Stephen D. Steinour Huntington Bancshares $9,619,178 $58,430 165:1
Michael C. Petters Huntington Ingalls Industries $7,714,067 $69,551 111:1
Eric D. Ashleman IDEX Corporation $6,719,772 $61,933 109:1
Jonathan J. Mazelsky IDEXX Laboratories $9,065,021 $67,638 134:1
E. Scott Santi Illinois Tool Works $20,787,622 $61,011 341:1
Francis A. Desouza Illumina $14,333,634 $115,398 124:1
Herve Hoppenot Incyte $14,444,265 $248,810 58:1

CEO Company Compensation Median employee compensation Pay ratio
Vicente Reynal Ingersoll Rand $10,613,486 $51,757 205:1
Patrick P. Gelsinger Intel $178,590,400 $104,400 1,711:1
Jeffrey C. Sprecher Intercontinental Exchange $14,788,386 $125,579 118:1
Arvind Krishna International Business Machines $17,550,959 $45,197 258:1
Andreas Fibig International Flavors & Fragrances $9,767,380 $66,105 148:1
Mark S. Sutton International Paper Company $15,228,707 $88,581 172:1
Philippe Krakowsky The Interpublic Group of Companies $17,371,647 $59,814 290:1
Gary S. Guthart Intuitive Surgical $8,059,409 $140,163 58:1
Martin L. Flanagan Invesco $12,897,752 $187,854 69:1
Eugene Scherbakov IPG Photonics $7,284,851 $44,504 169:1
Ari Bousbib IQVIA Holdings $28,615,851 $139,803 205:1
William L. Meaney Iron Mountain $17,046,118 $41,600 410:1
Steven J. Demetriou Jacobs Engineering Group $16,275,230 $91,393 178:1
Alex Gorsky Johnson & Johnson $26,741,959 $90,000 297:1
George R. Oliver Johnson Controls International $15,667,017 $43,640 359:1
James Dimon JPMorgan Chase & Co. $84,428,145 $92,112 917:1
Rami Rahim Juniper Networks $11,870,290 $132,117 90:1
Steve Cahillane Kellogg Company $10,678,337 $44,125 242:1
Christopher M. Gorman KeyCorp $8,653,484 $73,571 118:1
Ronald S. Nersesian Keysight Technologies $18,566,410 $77,082 241:1

CEO Company Compensation Median employee compensation Pay ratio
Michael D. Hsu Kimberly-Clark $12,009,162 $42,749 281:1
Conor C. Flynn Kimco Realty $4,190,057 $108,000 97:1
Steven J. Kean Kinder Morgan $18,000,259 $115,388 167:1
Miguel Patricio The Kraft Heinz Company $8,605,599 $45,260 190:1
W. Rodney Mcmullen The Kroger Company $18,168,730 $26,763 679:1
Christopher E. Kubasik L3Harris Technologies $15,697,749 $110,846 142:1
Robert G. Goldstein Las Vegas Sands $31,204,900 $35,879 866:1
Roger A. Krone Leidos Holdings $12,876,007 $95,935 134:1
Jonathan M. Jaffe Lennar $34,045,217 $101,561 335:1
Rick Beckwitt Lennar $34,045,217 $101,561 335:1
Dennis R. Glass Lincoln National $16,760,924 $84,240 199:1
Michael Rapino Live Nation Entertainment $13,842,464 $15,740 879:1
Dominick P. Zarcone LKQ Corporation $9,445,636 $38,982 242:1
James D. Taiclet Jr. Lockheed Martin $18,111,211 $110,113 164:1
James S. Tisch Loews $6,119,523 $53,781 114:1
Marvin R. Ellison Lowe’s Companies $17,871,716 $22,697 787:1
Jeffrey K. Storey Lumen Technologies $22,654,781 $75,984 298:1
Bhavesh (Bob) Patel LyondellBasell Industries NV $19,011,033 $106,258 179:1
Rene F. Jones M&T Bank $6,868,174 $68,270 101:1
Lee M. Tillman Marathon Oil $12,997,292 $128,010 102:1

CEO Company Compensation Median employee compensation Pay ratio
Michael J. Hennigan Marathon Petroleum $21,185,206 $148,850 142:1
Richard M. Mcvey MarketAxess Holdings $5,742,184 $162,120 35:1
Anthony G. Capuano Marriott International $18,391,882 $36,505 506:1
Daniel S. Glaser Marsh & McLennan Companies $21,519,703 $67,143 321:1
C. Howard Nye Martin Marietta Materials $14,939,587 $90,423 165:1
Keith J. Allman Masco $13,410,774 $50,305 267:1
Michael Miebach Mastercard $16,120,055 $128,154 126:1
Sharmistha Dubey Match Group $25,397,675 $106,881 238:1
Lawrence E. Kurzius McCormick & Company $12,718,656 $38,004 335:1
Christopher J. Kempczinski McDonald’s $20,028,132 $8,897 2,251:1
Robert M. Davis Merck & Co. $13,722,121 $102,803 133:1
Mark Zuckerberg Meta Platforms $26,823,061 $292,785 92:1
Michel A. Khalaf MetLife $16,621,373 $76,392 218:1
Patrick Kaltenbach Mettler-Toledo International $11,811,322 $51,436 233:1
William J. Hornbuckle IV MGM Resorts International $13,274,524 $34,988 379:1
Sanjay Mehrotra Micron Technology $25,316,709 $64,827 391:1
H. Eric Bolton, Jr. Mid-America Apartment Communities $7,667,655 $52,777 145:1
Stephane Bancel Moderna $18,155,739 $133,074 136:1
Jeffrey S. Lorberbaum Mohawk Industries $5,190,696 $36,391 143:1
Joseph M. Zubretsky Molina Healthcare $19,961,698 $71,916 278:1

CEO Company Compensation Median employee compensation Pay ratio
Gavin D.K. Hattersley Molson Coors Beverage Company $8,234,680 $77,432 106:1
Dirk Van De Put Mondelez International $16,128,320 $31,024 520:1
Hilton H. Schlosberg Monster Beverage $16,686,528 $69,417 240:1
Rodney C. Sacks Monster Beverage $16,707,577 $69,417 241:1
Robert Fauber Moody’s $9,750,157 $88,985 110:1
James P. Gorman Morgan Stanley $34,941,635 $137,069 255:1
James (‘Joc’) C. O’Rourke The Mosaic Company $12,297,011 $24,013 512:1
Gregory Q. Brown Motorola Solutions $19,980,639 $82,965 241:1
Henry A. Fernandez MSCI Inc. $10,338,312 $58,415 177:1
Adena T. Friedman Nasdaq $19,965,893 $98,946 202:1
Ted A. Sarandos Netflix $38,232,164 $201,743 190:1
Reed Hastings Netflix $40,823,725 $201,743 202:1
Ravichandra K. Saligram Newell Brands $11,438,798 $33,913 337:1
Thomas Palmer Newmont $12,667,106 $56,621 224:1
Robert J. Thomson News Corporation $23,024,845 $68,984 334:1
John W. Ketchum NextEra Energy $15,507,153 $132,798 191:1
David Kenny Nielsen Holdings $13,798,346 $48,802 283:1
Joseph Hamrock NiSource $9,535,782 $124,663 76:1
Sundaram Nagarajan Nordson $10,308,750 $65,527 157:1
James A. Squires Norfolk Southern $14,016,942 $99,945 140:1

CEO Company Compensation Median employee compensation Pay ratio
Michael G. O’Grady Northern Trust $10,449,233 $72,300 145:1
Kathy J. Warden Northrop Grumman $19,876,767 $119,721 166:1
Frank J. Del Rio Norwegian Cruise Line Holdings $19,668,768 $19,319 1,018:1
Mauricio Gutierrez NRG Energy $10,854,224 $126,289 86:1
Leon J. Topalian Nucor $11,618,019 $142,635 81:1
Jen-Hsun Huang NVIDIA $23,737,661 $217,542 109:1
Paul C. Saville NVR, Inc. $4,162,400 $71,417 58:1
Kurt Sievers NXP Semiconductors NV $20,911,892 $50,138 417:1
Greg D. Johnson O’Reilly Automotive $12,764,271 $28,113 454:1
Vicki A. Hollub Occidental Petroleum $11,068,539 $157,013 71:1
Greg C. Gantt Old Dominion Freight Line $10,577,833 $72,726 145:1
John D. Wren Omnicom Group $19,981,715 $50,612 395:1
Pierce H. Norton II ONEOK $7,246,578 $119,568 79:1
Kevin Ali Organon & Co. $16,787,623 N/A N/A
Judith F. Marks Otis Worldwide $13,770,306 $49,941 276:1
Preston R. Feight PACCAR $11,935,763 $107,529 111:1
Mark W. Kowlzan Packaging Corporation of America $12,157,313 $78,062 156:1
Robert M. Bakish Paramount Global $20,035,212 $94,580 212:1
Chad R. Richison Paycom Software $2,958,410 $70,036 42:1
Daniel H. Schulman PayPal Holdings $32,070,353 $83,905 382:1

CEO Company Compensation Median employee compensation Pay ratio
Jay A. Snowden Penn National Gaming $65,887,214 $33,930 1,942:1
John L. Stauch Pentair $9,429,546 $57,343 164:1
Ramon L. Laguarta PepsiCo $25,506,607 $52,297 488:1
Prahlad R. Singh PerkinElmer $9,661,006 $52,960 182:1
Albert Bourla Pfizer $24,353,219 $92,986 262:1
Jacek Olczak Philip Morris International $10,557,568 $18,196 1,055:1
Greg C. Garland Phillips 66 $20,953,206 $161,584 130:1
Jeffrey B. Guldner Pinnacle West Capital $8,100,157 $136,805 59:1
Scott D. Sheffield Pioneer Natural Resources Company $16,002,825 $166,480 96:1
William S. Demchak The PNC Financial Services Group $17,506,270 $78,333 224:1
Peter D. Arvan Pool Corporation $5,575,384 $61,709 90:1
Michael H. Mcgarry PPG Industries $13,199,616 $37,282 354:1
Vincent Sorgi PPL Corporation $11,356,481 $147,670 77:1
William J. Stromberg T. Rowe Price Group $17,127,330 $138,173 124:1
Daniel J. Houston Principal Financial Group $17,566,163 $75,348 236:1
Susan Patricia Griffith The Progressive Corporation $14,462,961 $65,874 220:1
Hamid R. Moghadam Prologis $24,901,490 $114,183 218:1
Charles F. Lowrely Prudential Financial $19,799,737 $114,931 172:1
James E. Heppelmann PTC Inc. $13,048,375 $109,266 119:1
Ralph Izzo Public Service Enterprise Group $14,208,674 $146,034 97:1

CEO Company Compensation Median employee compensation Pay ratio
Joseph D. Russell Jr. Public Storage $10,358,153 $28,787 360:1
Ryan R. Marshall PulteGroup $16,149,555 $136,630 118:1
Cristiano R. Amon Qualcomm $20,638,924 $98,200 215:1
Earl. C. (Duke) Austin, Jr. Quanta Services $10,967,217 $106,665 103:1
Stephen H. Rusckowski Quest Diagnostics $14,557,818 $67,206 217:1
Paul C. Reilly Raymond James Financial $13,901,046 $106,782 130:1
Gregory J. Hayes Raytheon Technologies $23,316,063 $112,078 208:1
Sumit Roy Realty Income $12,861,011 $136,304 94:1
Lisa Palmer Regency Centers $7,026,315 $111,237 63:1
Leonard S. Schleifer Regeneron Pharmaceuticals $6,470,514 $149,250 43:1
John M. Turner Jr. Regions Financial $13,444,577 $79,540 169:1
Jon Vander Ark Republic Services $7,925,408 $68,217 125:1
M. Keith Waddell Robert Half International $8,971,474 $28,191 318:1
Blake D. Moret Rockwell Automation $13,583,470 $59,041 230:1
Gary W. Rollins Rollins $8,393,601 $44,843 187:1
L. Neil Hunn Roper Technologies $21,532,055 $98,550 219:1
Barbara Rentler Ross Stores $15,989,635 $10,806 1,480:1
Richard D. Fain Royal Caribbean Cruises $15,812,027 $14,706 1,075:1
Douglas L. Peterson S&P Global $16,143,770 $27,835 580:1
Marc Benioff Salesforce.com $28,602,112 $181,612 157:1

CEO Company Compensation Median employee compensation Pay ratio
Bret Taylor Salesforce.com $22,794,415 $181,612 126:1
Jeffrey A. Stoops SBA Communications $9,995,179 $96,104 104:1
Olivier Le Peuch Schlumberger $16,795,502 $66,138 254:1
Walter W. Bettinger II The Charles Schwab Corporation $21,938,404 $109,269 201:1
Edward L. Doheny II Sealed Air $9,674,692 $54,633 177:1
Jeffrey W. Martin Sempra Energy $24,675,982 $137,800 179:1
William R. Mcdermott ServiceNow $165,802,037 $233,859 709:1
John G. Morikis The Sherwin-Williams Company $15,843,760 $43,321 366:1
David Simon Simon Property Group $10,475,192 $64,069 163:1
Liam K. Griffin Skyworks Solutions $16,150,421 $17,409 928:1
Kevin J. Wheeler A. O. Smith $6,897,982 $35,561 194:1
Nicholas T. Pinchuk Snap-on $9,872,946 $59,712 165:1
Zivi Lando SolarEdge Technologies $7,361,336 $78,132 94:1
Thomas A. Fanning The Southern Company $21,243,559 $132,450 161:1
Robert E. Jordan Southwest Airlines Company $3,049,336 $84,872 69:1
James M. Loree Stanley Black & Decker $13,167,893 $56,016 235:1
Kevin R. Johnson Starbucks $20,425,163 $12,935 1,579:1
Ronald P. O’Hanley State Street $14,113,660 $61,463 230:1
Kevin A. Lobo Stryker $16,359,898 $76,715 213:1
Greg W. Becker SVB Financial Group $9,922,132 $125,638 79:1

CEO Company Compensation Median employee compensation Pay ratio
Brian D. Doubles Synchrony Financial $8,880,347 $50,316 177:1
Aart J. De Geus Synopsys $9,974,985 $98,215 102:1
Chi Foon Chan Synopsys $9,976,485 $98,215 102:1
G. Michael Sievert T-Mobile US $22,610,659 $72,572 312:1
Brian C. Cornell Target $19,758,766 $25,501 775:1
Terrence R. Curtin TE Connectivity $14,715,856 $24,975 589:1
Robert Mehrabian Teledyne Technologies $6,567,058 $64,003 103:1
Liam J. Kelly Teleflex $8,673,634 $34,907 248:1
Mark E. Jagiela Teradyne $10,954,713 $128,299 85:1
Richard K. Templeton Texas Instruments $19,195,411 $69,407 277:1
Scott C. Donnelly Textron $18,576,014 $102,647 181:1
Marc N. Casper Thermo Fisher Scientific $21,234,358 $83,666 254:1
Ernie Herrman The TJX Companies $31,802,000 $14,139 2,249:1
Harry A. Lawton III Tractor Supply Company $11,117,251 $29,047 383:1
Dave S. Regnery Trane Technologies $12,888,518 $63,916 202:1
Kevin M. Stein TransDigm Group $21,484,504 $58,837 365:1
Alan D. Schnitzer The Travelers Companies $19,853,697 $109,586 181:1
Robert G. Painter Trimble $13,956,821 $71,625 195:1
William H. Rogers, Jr. Truist Financial $10,395,426 $95,659 153:1
Parag Agrawal Twitter $30,351,152 $232,626 130:1

CEO Company Compensation Median employee compensation Pay ratio
James M. Cracchiolo Ameriprise Financial $21,229,464 $129,010 165:1
Steven H. Collis AmerisourceBergen $14,873,815 $65,076 229:1
David A. Zapico AMETEK $12,919,431 $68,238 189:1
Robert A. Bradway Amgen $21,721,154 $130,589 166:1
R. Adam Norwitt Amphenol $13,092,697 $16,042 816:1
Vincent T. Roche Analog Devices $30,824,323 $46,141 668:1
Ajei S. Gopal ANSYS $18,260,634 $118,588 154:1
Gail K. Boudreaux Anthem $19,348,241 $51,005 379:1
John J. Christmann IV APA Corporation $15,040,707 $174,903 86:1
Andrew P. Witty UnitedHealth Group $18,433,143 $61,379 301:1
Marc D. Miller Universal Health Services $14,020,942 $45,454 309:1
Andrew Cecere U.S. Bancorp $19,166,276 $85,166 225:1
Joseph W. Gorder Valero Energy $22,684,706 $198,219 114:1
Debra A. Cafaro Ventas $14,263,728 $111,261 128:1
D. James Bidzos VeriSign $10,118,313 $201,444 50:1
Scott G. Stephenson Verisk Analytics $12,796,321 $72,679 176:1
Hans Vestberg Verizon Communications $20,342,871 $122,492 166:1
Reshma Kewalramani Vertex Pharmaceuticals $15,198,856 $234,107 65:1
Michael Goettler Viatris $14,669,592 $36,865 398:1
Alfred F. Kelly Jr. Visa Inc. $30,944,838 $146,420 211:1

CEO Company Compensation Median employee compensation Pay ratio
Steven L. Roth Vornado Realty Trust $9,763,351 $62,287 157:1
Thomas J. Hill Vulcan Materials Company $10,420,114 $80,122 130:1
Donald G. Macpherson W.W. Grainger $9,015,594 $65,633 138:1
Rosalind Gates Brewer Walgreens Boots Alliance $28,333,498 $26,255 1,084:1
C. Douglas Mcmillon Walmart $25,670,673 $25,335 1,013:1
Robert A. Chapek The Walt Disney Company $32,464,293 $50,430 644:1
David M. Zaslav Warner Bros. Discovery $246,573,481 $82,964 2,972:1
James C. Fish Jr. Waste Management $13,057,363 $80,744 162:1
Udit Batra Waters $8,653,559 $74,470 116:1
J. Kevin Fletcher WEC Energy Group $18,481,871 $122,530 151:1
Charles W. Scharf Wells Fargo & Company $21,350,906 $73,578 290:1
Shankh Mitra Welltower $12,753,710 $100,206 127:1
Eric M. Green West Pharmaceutical Services $9,467,111 $57,357 161:1
Rafael Santana Westinghouse Air Brake Technologies $11,027,238 $45,266 244:1
David B. Sewell WestRock Company $21,189,086 $63,560 333:1
Devin W. Stockfish Weyerhaeuser Company $12,715,531 $76,688 166:1
Marc R. Bitzer Whirlpool $18,751,901 $27,128 692:1
Alan S. Armstrong The Williams Companies $13,759,533 $167,343 82:1
Carl Hess Willis Towers Watson $4,828,485 $66,942 304:1
Craig S. Billings Wynn Resorts $10,713,346 $44,048 294:1

CEO Company Compensation Median employee compensation Pay ratio
Robert C. Frenzel Xcel Energy $8,350,364 $122,532 95:1
Patrick K. Decker Xylem $10,441,670 $55,094 190:1
David W. Gibbs Yum! Brands $27,578,659 $13,082 2,108:1
Anders Gustafsson Zebra Technologies $13,589,616 $60,450 225:1
Bryan C. Hanson Zimmer Biomet Holdings $14,981,058 $63,981 234:1
Harris H. Simmons Zions Bancorporation NA $4,656,113 $76,160 61:1
Kristin C. Peck Zoetis $13,098,491 $81,497 161:1

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