It turns out, Hock Tan of Broadcom was the highest paid CEO in America in 2017, according to a new report from The Conference Board, which analyzed the largest pay packages awarded to CEOs at U.S. public companies – in partnership with Gallagher and MyLogIQ.
Others in the top five include Frank J. Bisignano of First Data ($102.2 million), Michael Rapino of Live Nation Entertainment ($70.6 million), Mario Gabelli of Gamco Investors ($69.4 million), and the now-departed Les Moonves of CBS at $69.3 million.
Overall, median pay for CEOs at U.S. public companies was $4.1 million last year, with Oracle’s Safra Catz ranking highest at No. 18 with $40.7 million.
At Live Nation Entertainment employee earning the company’s median salary of $24,406 would have to work for 2,893 years to earn the $70.6 million that Michael Rapino, the company’s chief executive, was awarded in 2017. Similarly, at Time Warner, an employee earning the median pay of $75,217 would need to work for 651 years to earn the $49 million that its chief executive, Jeffrey Bewkes, made last year.
These are the highest-paid CEOs at U.S. public companies of 2017:
- Hock E. Tan ($103.2 million)
Total compensation: $103,211,000
#186 On Best CEOs In The World list.
- Frank J. Bisignano ($102.2 million)
Company: First Data
Total compensation: $102,210,000
#502 On Best CEOs In The World list.
- Michael Rapino ($70.6 million)
Company: Live Nation
Total compensation: $70,616,000
#542 On Best CEOs In The World list.
- Mario J. Gabelli ($69.4 million)
Company: Gamco Investors
Total compensation: $69,414,000
#543 On Best CEOs In The World list.
- Leslie Moonves ($69.3 million)
Company: CBS Corp
Total compensation: $69,333,000
#544 On Best CEOs In The World list. (Leslie Moonves has resigned 09/2018)
- W. Nicholas Howley ($61 million)
Company: TransDigm Group
Total compensation: $61,023,000
#545 On Best CEOs In The World list.
- Douglas R. Lebda ($59.6 million)
Total compensation: $59,591,000
#547 On Best CEOs In The World list.
- Douglas S. Ingram ($56.8 million)
Company: Sarepta Therapeutics
Total compensation: $56,866,000
#546 On Best CEOs In The World list.
- Ronald F. Clarke ($52.6 million)
Company: Fleetcor Technologies
Total compensation: $52,644,000
#548 On Best CEOs In The World list.
- Jeffrey L. Bewkes ($49 million)
Company: Time Warner
Total compensation: $48,999,000
#147 On Best CEOs In The World list.
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