10. Charles Robbins
> Company: Cisco Systems
> Annual compensation: $25,829,833
> Company revenue: $49.3 billion
> CEO pay ratio: 182 times more than the typical employee
Cisco Systems CEO Charles H. Robbins, whose total compensation was $25.8 million in fiscal 2019, is one of several tech executives to rank on this list. Robbins has been with the company for over two decades and took over the top job on July 26, 2015.
Robbins is one of a handful of CEOs on this list who also has a salary listed for fiscal 2020 — and this year, his compensation slipped to $23.2 million. Though his salary and stock options increased in 2020, that was offset by a more than 50% decline in incentive pay. Cisco reported a 5% revenue decline in fiscal 2020 compared to fiscal 2019.
9. Michael F. Neidorff
> Company: Centene
> Annual compensation: $26,438,425
> Company revenue: $74.6 billion
> CEO pay ratio: 383 times more than the typical employee
Michael Neidorff earned a reported $26.4 million in fiscal 2019 as CEO of Centene, a health care company that provides services to uninsured and underinsured individuals, largely through government subsidized programs. During the COVID-19 pandemic, Centene expanded efforts to combat food insecurity for vulnerable Americans, expanded its telehealth program, and offered additional mental health resources.
One of the longest serving CEOs on this list, Neidorff has had the top job at Centene since 1996. During Neidorff’s tenure, the company has expanded operations from just Wisconsin and Indiana to all 50 states.
8. Brian L. Roberts
> Company: Comcast
> Annual compensation: $28,809,952
> Company revenue: $108.9 billion
> CEO pay ratio: 461 times more than the typical employee
In his role as the CEO of media giant Comcast, Brian Roberts was compensated over $28.8 million in fiscal 2019. Comcast was founded by Roberts’s father, and the future executive began his first internship there at age 15. The company has grown considerably under Roberts’s leadership, acquiring AT&T, NBCUniversal, Dreamworks, and Sky.
7. James Dimon
> Company: JPMorgan Chase
> Annual compensation: $31,578,246
> Company revenue: $142.4 billion
> CEO pay ratio: 393 times more than the typical employee
JPMorgan CEO Jamie Dimon is one of the most high profile executives on Wall Street. He is also one of the most highly compensated, earning a reported $31.6 million in fiscal 2019. Dimon has held the top job at one of the world’s largest investment banks for 15 years — a period that has included the subprime mortgage crisis and some of the most turbulent years in American finance.
6. James P. Gorman
> Company: Morgan Stanley
> Annual compensation: $31,624,470
> Company revenue: $53.8 billion
> CEO pay ratio: 248 times more than the typical employee
James Gorman assumed the CEO role at investment bank Morgan Stanley in January 2010. Though Gorman’s base salary is $1.5 million, through bonuses and stock options, his total compensation in fiscal 2019 topped $31.6 million. Gorman was hired by Morgan Stanley in 2006 after working for financial services company Merrill Lynch and consulting firm McKinsey & Co.
Though Morgan Stanley is a much smaller bank in terms of market value than the other firms such as JPMorgan or Goldman Sachs, its stock has outperformed its Wall Street peers in the past year, appreciating by over 30% — more than double either competitor. Partially as a result, Gorman’s stock awards in fiscal 2019 were worth over twice as much as they were two years prior.