Discovery's Zaslav, Disney's Iger among highest paid CEOs
Discovery's Zaslav, Disney's Iger lead the way among highest paid CEOs
This photo combination shows the highest-paid CEOs at big U.S. companies for 2018, as calculated by The Associated Press and Equilar, an executive data firm. Top row, from left: David Zaslav, Discovery, $129.5 million; Robert Iger, Walt Disney, $65.6 million; Stephen MacMillan, Hologic, $42 million; Joseph Hogan, Align Technology, $41.8 million; and Daniel Schulman, PayPal, $37.8 million. Bottom row, from left: Reed Hastings, Netflix, $36.1 million; Brian Roberts, Comcast, $35 million; Robert Kotick, Activision Blizzard, $30.8 million; and James Dimon, JPMorgan Chase, $30 million. The third-highest paid CEO, Richard Handler of Jefferies Financial Group, is not pictured. Handler made $44.7 million. (AP Photo)
Here are the highest paid CEOs in the S&P 500 index for 2018, as calculated by The Associated Press and Equilar, an executive data firm.
The AP's compensation study covered 340 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed proxy statements between Jan. 1 and April 30. Some companies with highly paid CEOs do not fit these criteria.
Pay for chief executives rose to a median of $12 million last year, including salary, stock and other compensation. Median means half were larger, and half were smaller.
Compensation often includes stock and option grants that the CEO may not receive for years unless certain performance measures are met. For some companies, big raises occur when CEOs get a stock or option grant in one year as part of a multi-year grant.
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1. David Zaslav
Discovery
$129.5 million
Change from last year: 207%
His pay vs typical company worker: 1,511 times, up from 522
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2. Robert Iger
Walt Disney
$65.6 million
Change from last year: 81%
His pay vs typical company worker: 1,424 times
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3. Richard Handler
Jefferies Financial Group
$44.7 million
Change from last year: 105%
His pay vs typical company worker: 298 times, down from 489
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4. Stephen MacMillan
Hologic
$42 million
Change from last year: 275%
His pay vs typical company worker: 478 times
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5. Joseph Hogan
Align Technology
$41.8 million
Change from last year: 256%
His pay vs typical company worker: 3,168 times, up from 920
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6. Daniel Schulman
PayPal
$37.8 million.
Change from last year: 96%
His pay vs typical company worker: 543 times, up from 274
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7. Reed Hastings
Netflix
$36.1 million
Change from last year: 48%
His pay vs typical company worker: 178 times, up from 133
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8. Brian Roberts
Comcast
$35 million
Change from last year: 8%
His pay vs typical company worker: 426 times, down from 458
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9. Robert Kotick
Activision Blizzard
$30.8 million
Change from last year: 7%
His pay vs typical company worker: 319 times, up from 306
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10. James Dimon
JPMorgan Chase
$30 million
Change from last year: 6%
His pay vs typical company worker: 381 times, up from 364
