Meet the CEOs Who Pull In More Than $100 Million a Year
The highest-paid CEOs aren’t always the ones running the biggest companies. The chief executives of Hertz, Peloton and Pinterest all earned more than $100 million in 2022, topping almost every CEO in the S&P 500 including Apple’s Tim Cook, who made $99 million. Also on that list: The man who runs CS Disco, a cloud-services provider that caters to attorneys and has a market capitalization of about $500 million.
Six of the 10 highest-paid CEOs last year ran companies that weren’t in the S&P 500, according to C-Suite Comp, an executive-pay-data and analytics company. The S&P 500 comprises most of the biggest U.S. publicly traded companies.
Stephen Schwarzman of private-equity giant Blackstone earned the biggest pay package overall, at $253 million. Blackstone, larger than many S&P 500 companies at a market capitalization of more than $100 billion, has a corporate structure similar to dual share-class setups that until recentlyhave kept other companies out of the index. Schwarzman edged out Sundar Pichai, who runs Google parent Alphabet and received a pay package of $226 million—a total that put Pichai atop The Wall Street Journal’s annual CEO pay survey earlier this year.
Pichai was followed in the earlier survey by Live Nation’s Michael Rapino, at $139 million. Some executives in C-Suite Comp’s top-paid list, such as the leaders of Pinterest and Hertz, wouldn’t make the Journal’s annual pay ranking because those CEOs started during the year. The Journal’s analysis only ranks CEOs who served the full year.
Median pay for CEOs of S&P 500 companies slipped to $14.5 million last year, from $14.7 million the year before. More broadly, nine CEOs made more than $100 million in 2022, of nearly 4,000 publicly traded U.S. companies
. Read more on livemint.com
