These are the highest-paid CEOs at America’s largest companies
Corrections and Clarifications: A previous version of this story named the incorrect CEO for PepsiCo and listed the incorrect compensation for Oscar Munoz. Sean O'Connor was included in this list in error and has been removed.
Chief executive officers are the highest-ranking – and often highest-profile – employees of any company or organization. They are also usually the highest paid. There are even some major companies where CEOs make over 1,000 times what their employees make.
Whether or not such a pay gap is justified is a matter of debate. The pressures that come with the top job at any major American company, however, are undeniable. CEOs of publicly traded companies are accountable to customers, regulators, shareholders, board members, and their own employees – in both good times and bad.
24/7 Wall St. reviewed CEO compensation packages at the largest, publicly traded American companies by revenue. With only a few exceptions, the largest companies report CEO compensation packages of at least seven figures. The vast majority of these CEOs earn eight figures annually. Some of these CEOs are the richest person in their state and even among the richest in the country.
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To rank the highest paid CEOs at America’s largest companies, 24/7 Wall St. reviewed total CEO compensation for the 150 largest public companies with the highest reported revenue for the year ended Dec. 31, 2017, unless otherwise noted, as reported by Forbes.
All compensation figures and employee counts are as of the last published proxy statement or last published 10-K statement. At some companies, the CEO listed in the most recent proxy no longer holds the top job and is listed as retired.
Because software company Oracle has two CEOs, 101 CEOs are included on this list. We included companies that have been merged, acquired, or have gone private since the reported compensation period.
100. Michael Kaufmann
• Most recent annual compensation: $8.4 million
• Company: Cardinal Health
• Revenue: $130.0 billion
• Number of employees: 40,400
99. Pietro Satriano
• Most recent annual compensation: $8.6 million
• Company: US Foods Holding
• Revenue: $24.1 billion
• Number of employees: 25,204
98. Thomas Bené
• Most recent annual compensation: $8.8 million
• Company: Sysco
• Revenue: $55.4 billion
• Number of employees: 45,900
97. Mark Parker
• Most recent annual compensation: $9.5 million
• Company: Nike
• Revenue: $34.4 billion
• Number of employees: 74,400
96. Tom Hayes
• Most recent annual compensation: $9.5 million (stepped down)
• Company: Tyson Foods
• Revenue: $38.3 billion
• Number of employees: 114,000
95. Oscar Munoz
• Most recent annual compensation: $10.5 million
• Company: United Continental Holdings
• Revenue: $37.7 billion
• Number of employees: 89,800
94. Charles Lowrey
• Most recent annual compensation: $10.4 million
• Company: Prudential Financial
• Revenue: $59.7 billion
• Number of employees: 49,705
93. Todd Vasos
• Most recent annual compensation: $10.6 million
• Company: Dollar General
• Revenue: $23.5 billion
• Number of employees: 129,000
92. Craig Menear
• Most recent annual compensation: $11.4 million
• Company: Home Depot
• Revenue: $100.9 billion
• Number of employees: 413,000
91. Steven Collis
• Most recent annual compensation: $11.5 million
• Company: AmerisourceBergen
• Revenue: $153.1 billion
• Number of employees: 19,500
90. W. Rodney McMullen
• Most recent annual compensation: $11.5 million
• Company: Kroger
• Revenue: $122.7 billion
• Number of employees: 449,000
89. W. Douglas Parker
• Most recent annual compensation: $12.2 million
• Company: American Airlines Group
• Revenue: $42.2 billion
• Number of employees: 126,600
88. Antonio Neri
• Most recent annual compensation: $12.6 million
• Company: Hewlett Packard Enterprise
• Revenue: $28.9 billion
• Number of employees: 66,000
87. Jeff Gennette
• Most recent annual compensation: $12.7 million
• Company: Macy's
• Revenue: $24.8 billion
• Number of employees: 148,300
86. Michael Roman
• Most recent annual compensation: $12.9 million
• Company: 3M
• Revenue: $31.7 billion
• Number of employees: 91,536
85. Arne Sorenson
• Most recent annual compensation: $12.9 million
• Company: Marriott International
• Revenue: $22.9 billion
• Number of employees: 177,000
84. Thomas Fanning
• Most recent annual compensation: $13.1 million
• Company: Southern
• Revenue: $23.0 billion
• Number of employees: 31,344
83. Edward Bastian
• Most recent annual compensation: $13.2 million
• Company: Delta Air Lines
• Revenue: $41.2 billion
• Number of employees: 86,564
82. Kevin Johnson
• Most recent annual compensation: $13.4 million
• Company: Starbucks
��� Revenue: $22.4 billion
• Number of employees: 277,000
81. Andrew Cecere
• Most recent annual compensation: $13.4 million
• Company: U.S. Bancorp
• Revenue: $24.0 billion
• Number of employees: 72,402
80. Stefano Pessina
• Most recent annual compensation: $13.5 million
• Company: Walgreens Boots Alliance
• Revenue: $118.2 billion
• Number of employees: 290,000
79. Edward Breen
• Most recent annual compensation: $13.8 million
• Company: DowDuPont Inc.
• Revenue: $62.7 billion
• Number of employees: 98,600
78. Lynn Good
• Most recent annual compensation: $14.0 million
• Company: Duke Energy
• Revenue: $23.2 billion
• Number of employees: 29,060
77. Jim Umpleby
• Most recent annual compensation: $14.0 million
• Company: Caterpillar
• Revenue: $45.6 billion
• Number of employees: 98,400
76. Susan Patricia Griffith
• Most recent annual compensation: $14.2 million
• Company: Progressive
• Revenue: $26.8 billion
• Number of employees: 33,656
75. Gail Boudreaux
• Most recent annual compensation: $14.2 million
• Company: Anthem
• Revenue: $90.0 billion
• Number of employees: 56,000
74. Marvin Ellison
• Most recent annual compensation: $14.3 million
• Company: Lowe's
• Revenue: $68.6 billion
• Number of employees: 255,000
73. Alan Schnitzer
• Most recent annual compensation: $14.6 million
• Company: Travelers Cos.
• Revenue: $28.9 billion
• Number of employees: 30,800
72. Steven Kandarian
• Most recent annual compensation: $14.7 million
• Company: MetLife
• Revenue: $66.2 billion
• Number of employees: 49,000
71. Dirk Van de Put
• Most recent annual compensation: $15.0 million
• Company: Mondelez International
• Revenue: $25.9 billion
• Number of employees: 90,000
70. David Abney
• Most recent annual compensation: $15.1 million
• Company: UPS
• Revenue: $65.9 billion
• Number of employees: 346,415
69. Michael Long
• Most recent annual compensation: $15.3 million
• Company: Arrow Electronics
• Revenue: $26.8 billion
• Number of employees: 18,800
68. Christopher Crane
• Most recent annual compensation: $15.6 million
• Company: Exelon
• Revenue: $33.5 billion
• Number of employees: 34,621
67. Tim Cook
• Most recent annual compensation: $15.7 million
• Company: Apple
• Revenue: $229.2 billion
• Number of employees: 123,000
66. Stephen Easterbrook
• Most recent annual compensation: $15.9 million
• Company: McDonald's
• Revenue: $22.8 billion
• Number of employees: 375,000
65. Timothy Wentworth
• Most recent annual compensation: $15.9 million
• Company: Express Scripts Holding (since acquired by Cigna)
• Revenue: $100.1 billion
• Number of employees: 26,600
64. André Calantzopoulos
• Most recent annual compensation: $15.9 million
• Company: Philip Morris International
• Revenue: $28.7 billion
• Number of employees: 80,600
63. Bruce D. Broussard
• Most recent annual compensation: $16.3 million
• Company: Humana
• Revenue: $53.8 billion
• Number of employees: 45,900
62. Thomas Kennedy
• Most recent annual compensation: $16.3 million
• Company: Raytheon
• Revenue: $25.3 billion
• Number of employees: 64,000
61. James Quincey
• Most recent annual compensation: $16.4 million
• Company: Coca-Cola
• Revenue: $35.4 billion
• Number of employees: 61,800
60. John Flannery
• Most recent annual compensation: $16.6 million (stepped down)
• Company: General Electric
• Revenue: $122.3 billion
• Number of employees: 313,000
59. Robert Swan
• Most recent annual compensation: $16.7 million
• Company: Intel
• Revenue: $62.8 billion
• Number of employees: 102,700
58. Hubert Joly
• Most recent annual compensation: $16.8 million
• Company: Best Buy
• Revenue: $42.2 billion
• Number of employees: 125,000
57. Ernie Herrman
• Most recent annual compensation: $16.9 million
• Company: TJX
• Revenue: $35.9 billion
• Number of employees: 235,000
56. David Ricks
• Most recent annual compensation: $17.2 million
• Company: Eli Lilly
• Revenue: $22.9 billion
• Number of employees: 40,655
55. Richard Fairbank
• Most recent annual compensation: $17.3 million
• Company: Capital One Financial
• Revenue: $30.0 billion
• Number of employees: 49,300
54. S.J. Squeri
• Most recent annual compensation: $17.3 million
• Company: American Express
• Revenue: $35.6 billion
• Number of employees: 55,000
53. David Taylor
• Most recent annual compensation: $17.4 million
• Company: Procter & Gamble
• Revenue: $66.2 billion
• Number of employees: 95,000
52. David Wichmann
• Most recent annual compensation: $17.4 million
• Company: UnitedHealth Group
• Revenue: $201.2 billion
• Number of employees: 260,000
51. V.M. Rometty
• Most recent annual compensation: $17.6 million
• Company: IBM
• Revenue: $79.1 billion
• Number of employees: 366,000
50. Gregory Hayes
• Most recent annual compensation: $17.6 million
• Company: United Technologies
• Revenue: $59.8 billion
• Number of employees: 204,700
49. James Hackett
• Most recent annual compensation: $17.8 million
• Company: Ford Motor
• Revenue: $156.8 billion
• Number of employees: 202,000
48. John Hammergren
• Most recent annual compensation: $18.1 million (stepped down)
• Company: McKesson
• Revenue: $198.5 billion
• Number of employees: 64,500
47. Alex Gorsky
• Most recent annual compensation: $18.2 million
• Company: Johnson & Johnson
• Revenue: $76.5 billion
• Number of employees: 134,000
46. Timothy Sloan
• Most recent annual compensation: $18.4 million (stepped down)
• Company: Wells Fargo
• Revenue: $97.7 billion
• Number of employees: 262,700
45. Samuel Allen
• Most recent annual compensation: $18.5 million
• Company: Deere
• Revenue: $29.7 billion
• Number of employees: 60,476
44. Robert Bradway
• Most recent annual compensation: $18.6 million
• Company: Amgen
• Revenue: $22.8 billion
• Number of employees: 20,800
43. Thomas Wilson
• Most recent annual compensation: $18.7 million
• Company: Allstate
• Revenue: $38.5 billion
• Number of employees: 42,680
42. Mark Bertolini
• Most recent annual compensation: $18.8 million
• Company: Aetna (since sold to CVS)
• Revenue: $60.5 billion
• Number of employees: 47,950
41. Joseph Gorder
• Most recent annual compensation: $18.8 million
• Company: Valero Energy
• Revenue: $88.4 billion
• Number of employees: 10,015
40. Darren Woods
• Most recent annual compensation: $18.8 million
• Company: Exxon Mobil
• Revenue: $244.4 billion
• Number of employees: 71,200
39. David Cordani
• Most recent annual compensation: $18.9 million
• Company: Cigna
• Revenue: $41.6 billion
• Number of employees: 46,000
38. Dion Weisler
• Most recent annual compensation: $19.2 million
• Company: HP
• Revenue: $52.1 billion
• Number of employees: 49,000
37. Darius Adamczyk
• Most recent annual compensation: $19.2 million
• Company: Honeywell International
• Revenue: $40.5 billion
• Number of employees: 131,000
36. Greg Garland
• Most recent annual compensation: $19.3 million
• Company: Phillips 66
• Revenue: $91.6 billion
• Number of employees: 14,600
35. I. Read
• Most recent annual compensation: $19.5 million (stepped down)
• Company: Pfizer
• Revenue: $52.5 billion
• Number of employees: 90,200
34. J. R. Luciano
• Most recent annual compensation: $19.6 million
• Company: Archer Daniels Midland
• Revenue: $60.8 billion
• Number of employees: 31,300
33. Steve MollenKopf
• Most recent annual compensation: $20.0 million
• Company: Qualcomm
• Revenue: $22.9 billion
• Number of employees: 33,800
32. M.K. Wirth
• Most recent annual compensation: $20.6 million
• Company: Chevron
• Revenue: $134.5 billion
• Number of employees: 51,900
31. David Solomon
• Most recent annual compensation: $20.7 million
• Company: Goldman Sachs Group
• Revenue: $42.3 billion
• Number of employees: 36,600
30. Phebe Novakovic
• Most recent annual compensation: $20.7 million
• Company: General Dynamics
• Revenue: $31.0 billion
• Number of employees: 98,800
29. Brian Duperreault
• Most recent annual compensation: $20.9 million
• Company: AIG
• Revenue: $49.5 billion
• Number of employees: 49,800
28. Kenneth Frazier
• Most recent annual compensation: $20.9 million
• Company: Merck
• Revenue: $40.1 billion
• Number of employees: 69,000
27. Richard Gonzalez
• Most recent annual compensation: $21.3 million
• Company: AbbVie
• Revenue: $28.2 billion
• Number of employees: 29,000
26. Charles Robbins
• Most recent annual compensation: $21.3 million
• Company: Cisco Systems
• Revenue: $48.0 billion
• Number of employees: 72,900
25. R. Milton Johnson
• Most recent annual compensation: $21.4 million (stepped down)
• Company: HCA Healthcare
• Revenue: $47.7 billion
• Number of employees: 221,491
24. Marillyn Hewson
• Most recent annual compensation: $21.5 million
• Company: Lockheed Martin
• Revenue: $51.0 billion
• Number of employees: 100,000
23. Mary Barra
• Most recent annual compensation: $21.9 million
• Company: General Motors
• Revenue: $157.3 billion
• Number of employees: 180,000
22. Mark Sutton
• Most recent annual compensation: $21.9 million
• Company: International Paper
• Revenue: $23.3 billion
• Number of employees: 56,000
21. Larry Merlo
• Most recent annual compensation: $21.9 million
• Company: CVS Health
• Revenue: $184.8 billion
• Number of employees: 203,000
20. Hans Vestberg
• Most recent annual compensation: $22.2 million
• Company: Verizon
• Revenue: $126.0 billion
• Number of employees: 155,400
19. Mark Zuckerberg
• Most recent annual compensation: $22.6 million
• Company: Facebook
• Revenue: $40.7 billion
• Number of employees: 25,105
18. Brian Moynihan
• Most recent annual compensation: $22.8 million
• Company: Bank of America Corp.
• Revenue: $100.3 billion
• Number of employees: 209,376
17. C. Douglas McMillon
• Most recent annual compensation: $22.8 million
• Company: Walmart
• Revenue: $500.3 billion
• Number of employees: 2,300,000
16. Dennis Muilenburg
• Most recent annual compensation: $23.4 million
• Company: Boeing
• Revenue: $93.4 billion
• Number of employees: 140,800
15. R.M. Lance
• Most recent annual compensation: $23.4 million
• Company: ConocoPhillips
• Revenue: $32.6 billion
• Number of employees: 11,400
14. Michael Corbat
• Most recent annual compensation: $24.2 million
• Company: Citigroup
• Revenue: $88.0 billion
• Number of employees: 209,000
13. Wesley Bush
• Most recent annual compensation: $24.2 million (stepped down)
• Company: Northrop Grumman
• Revenue: $25.8 billion
• Number of employees: 70,000
12. Miles White
• Most recent annual compensation: $24.3 million
• Company: Abbott Laboratories
• Revenue: $27.4 billion
• Number of employees: 99,000
11. Indra Nooyi
• Most recent annual compensation: $24.5 million (stepped down)
• Company: PepsiCo
• Revenue: $62.8 billion
• Number of employees: 263,000
10. Satya Nadella
• Most recent annual compensation: $25.8 million
• Company: Microsoft
• Revenue: $90.0 billion
• Number of employees: 124,000
9. John Milligan
• Most recent annual compensation: $26.0 million (stepped down)
• Company: Gilead Sciences
• Revenue: $26.1 billion
• Number of employees: 10,000
8. Michael Neidorff
• Most recent annual compensation: $26.1 million
• Company: Centene
• Revenue: $48.6 billion
• Number of employees: 33,700
7. James Gorman
• Most recent annual compensation: $28.2 million
• Company: Morgan Stanley
• Revenue: $43.6 billion
• Number of employees: 57,633
6. R. Stephenson
• Most recent annual compensation: $29.1 million
• Company: AT&T
• Revenue: $160.5 billion
• Number of employees: 254,000
5. James Dimon
• Most recent annual compensation: $31.0 million
• Company: J.P. Morgan Chase
• Revenue: $113.9 billion
• Number of employees: 252,539
4. Brian Roberts
• Most recent annual compensation: $32.5 million
• Company: Comcast
• Revenue: $84.5 billion
• Number of employees: 164,000
3. Robert Iger
• Most recent annual compensation: $65.6 million
• Company: Disney
• Revenue: $55.1 billion
• Number of employees: 199,000
2. Safra Catz
• Most recent annual compensation: $108.3 million (tie)
• Company: Oracle
• Revenue: $37.7 billion
• Number of employees: 138,000
1. Mark Hurd
• Most recent annual compensation: $108.3 million (tie)
• Company: Oracle
• Revenue: $37.7 billion
• Number of employees: 138,000
24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.
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