The new year is coming, and American corporate CEOs have a nice spot at the head of the table.
In a 24/7 Wall St. review of publicly traded companies, financial disclosures filed with the Securities and Exchange Commission provided some juicy details.
The execs listed are ranked by total compensation in fiscal 2019, a number typically made up largely of stock options and performance incentives.
The profiles also reflect the compensation compared with that of their employees.
The top three are Microsoft CEO Satya Nadella ($42.9 million), at No. 3; Robert Swan of Intel ($66.9 million) at No. 2; and, big shock, the No. 1?
The CEO of Google’s parent company Alphabet, Sundar Pichai, whose compensation in fiscal 2019 totaled $280.6 million.
Facebook CEO Mark Zuckerberg ($23.4 million) made “only” 94 times more than his typical employee – but that’s the lowest of all the CEOs listed. Most on this list earn several hundred times more than their workers.
A few of the more intriguing:
At No. 20 is Mary T. Barra of General Motors ($21.6 million). Barra, one of two female CEOs in the Top 25, is investing heavily in electric vehicles and self-driving cars.
What would a rich-person list be without Walmart? At No. 18 is company leader Douglas McMillon (annual compensation $22.5 million), who began his career unloading trucks for … Walmart!
McMillon also has the dubious distinction of owning one of the more lopsided pay ratios (1,000-1) among the largest U.S. companies.
Goldman Sachs Group CEO David M. Solomon lands at No. 13, making more than $24 million, with a ratio 178 times higher than his typical employee. But he’s just a normal guy.
He rides the subway to work, buys his own coffee, and often DJs at nightclubs on the weekend.
Just like the rest of us.