Here are 2021’s most overpaid CEOs
The gap between executive compensation and other workers is getting wider than ever in some companies—but investor appetite for that seems to be waning.
As You Sow’s latest survey of America’s most overpaid CEOs is out, with Paycom Software’s Chad Richison leading the list. But the number of shareholders voting against high compensation packages is on the rise. Last year, a record 16 companies in the S&P 500 had CEO pay packages rejected by shareholders, a 60% increase over 2020—and twice as many as in 2019.
Richison earned the dubious honor by taking in over $211 million last year. That compares to the average worker at his company taking home $71,259. That’s a ratio of 2,963 to 1. He’s a newcomer to the list and didn’t even make the top 10 last year.
“Because frontline worker pay remained essentially flat for many years, the ratio between employee and CEO pay grew particularly stark,” the report read.
Here’s a look at the list’s ranking of the 10 most overpaid CEOs in America.
1) Chad Richison, Paycom Software
Median employee pay: $71,259
2) Frank Del Rio, Norwegian Cruise Line
Median employee pay: $30,635
3) Lawrence Culp Jr., General Electric
Median employee pay: $53,928
4) Mike Sievert, T-Mobile
Median employee pay: $63,949
5) John Donahoe, Nike
Median employee pay: $28,142
6) Chris Nassetta, Hilton
Median employee pay: $28,608
7) John Plant, Howmet Aerospace
Median employee pay: $58,020
8) David Zaslav, Discovery
Median employee pay: $66,689
9) Brian Niccol, Chipotle Mexican Grill
Median employee pay: $13,127
10) Leonard Schleifer, Regeneron Pharmaceuticals
Median employee pay: $145,019
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