Meet 2020’s highest-paid CEOs in every state

Name: Fox Business Flash top headlines for February 11
Uploaded: 2021-12-23T08:51:13-05:00
Duration: 2 min 18 s
Description: Check out what's clicking on FoxBusiness.com.

Check out what's clicking on FoxBusiness.com.

video

Fox Business Flash top headlines for May 28

Check out what's clicking on FoxBusiness.com.

Even after a difficult year, CEOs in the U.S. are making plenty of money.

On Friday, the Associated Press and executive data firm Equilar found which CEOs made the most in each state last year.

For its survey, AP and Equilar looked at publicly traded companies with more than $1 billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and April 30.

However, not every state had such a company headquartered there. The survey was not limited to companies in the S&P 500. To be included in the survey, the CEOs had to have been in place for at least two years.

HONG KONG TYCOON GETS 14-MONTH JAIL TERM OVER 2019 PROTEST

Equilar calculated CEO pay by adding salary, bonus, stock awards, stock option awards, deferred compensation and other components that include benefits and perks. For some companies, big raises can occur when CEOs get a stock grant in one year as part of a multiyear grant.

Median pay for S&P 500 CEOs was $12.7 million last year, which means half of those CEOs made more than $12.7 million and half made less.

To see which CEOs make the most money in your state, here are the highest-paid CEOs in every state, according to AP and Equilar.

BILL GATES AND MELINDA FRENCH GATES EXPLORE CHANGES TO FOUNDATION

Alabama

Edward K. Aldag Jr., Medical Properties Trust, $16.9 million

Arizona

Joseph M. Hogan, Align Technology, $15.5 million

Arkansas

Doug McMillon, president and CEO of Walmart Inc. Corporation, during a roundtable discussion in 2018. (Mark Wilson/Getty Images)

C. Douglas McMillon, Walmart, $22.6 million

California

Tony Xu, co-founder and CEO of DoorDash speaks at a conference in 2019. (REUTERS/ Mike Blake)

Tony Xu, DoorDash, $413.7 million

Colorado

CEO of Palantir Alex Karp in 2018. (LUDOVIC MARIN/AFP via Getty Images)

Alexander Karp, Palantir Technologies, $1.1 billion

Connecticut

Thomas M. Rutledge, Charter Communications, $38.7 million

Delaware

Hervé Hoppenot, Incyte, $16.4 million

Washington, D.C.

Andrew C. Florance, CoStar Group, $21.3 million

Florida

Frank J. Del Rio, Norwegian Cruise Line, $31.9 million

Georgia

Michael Hayford, NCR, $28.3 million.

Hawaii

Matthew J. Cox, Matson, $5.1 million

Illinois

Gregory Q. Brown , Motorola Solutions, $23 million

Indiana

David Ricks, Eli Lilly, $17.8 million

Iowa

Daniel Houston, Principal Financial Group, $11.6 million

BILL GATES’ MONEY MANAGER: WHAT TO KNOW ABOUT MICHAEL LARSON

Kansas

AMC CEO Adam Aron in 2019. (Albert L. Ortega/Getty Images)

Adam M. Aron, AMC Entertainment, $16.9 million

Kentucky

Bruce D. Broussard, Humana, $16.5 million

Louisiana

Jeffrey K. Storey, Lumen Technologies, $17 million

Maine

Melissa Smith, WEX, $16.3 million

Maryland

Discovery President and CEO David Zaslav speaks onstage during a conference in 2019. (Amanda Edwards/Getty Images for Discovery)

David Zaslav, Discovery, $37.7 million

Massachusetts

Larry Culp, General Electric, $72.7 million

Michigan

Jay Farner, Rocket Companies Inc., $51.7 million

Minnesota

Brian Cornell, CEO and chairman of Target Corp., speaks during a news conference in March 2020. (Andrew Harrer/Bloomberg via Getty Images)

Brian C. Cornell, Target, $19.8 million

Mississippi

Joe Sanderson Jr., Sanderson Farms, $4.5 million

Missouri

Michael Neidorff, Centene, $25 million

Nebraska

Lance Fritz, Union Pacific, $13.4 million

Nevada

Matt Maddox, CEO of Wynn Resorts, speaks about reopening the country during a roundtable with industry executives, in the State Dining Room of the White House in April 2020. (AP Photo/Alex Brandon)

Matt Maddox, Wynn Resorts, $18.2 million