GM's Barra, Lockheed's Hewson among highest paid female CEOs
This photo combination show the 10 highest-paid female CEOs for 2018, as calculated by The Associated Press and Equilar, an executive data firm. Top row, from left: Mary Barra, General Motors, $21.9 million; Marillyn Hewson, Lockheed Martin, $21.5 million; Phebe Novakovic, General Dynamics, $20.7 million; Virginia Rometty, IBM, $17.6 million; and Adena Friedman, Nasdaq, $14.4 million. Bottom row, from left: Mary Dillon, Ulta Beauty, $14.2 million; Tricia Griffith, Progressive, $14.2 million; Vicki Hollub, Occidental Petroleum, $14.1 million; Lynn Good, Duke Energy, $13.8 million; and Lisa Su, Advanced Micro Devices, $13.4 million. (AP Photo)
FILE - In this Jan. 11, 2019, file photo Chairwoman and CEO of General Motors Mary Barra is interviewed on the floor of the New York Stock Exchange. At $21.9 million, Barra was the highest-paid female CEO for 2018, as calculated by The Associated Press and Equilar, an executive data firm. (AP Photo/Richard Drew, File)
Here are the 10 highest-paid female CEOs 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.
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 grant in one year as part of a multi-year grant.
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1. Mary Barra
General Motors
$21.9 million
Change from last year: 0%
Her pay vs typical company worker: 281 times, down from 295
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2. Marillyn Hewson
Lockheed Martin
$21.5 million
Change: Up 7%
Her pay vs typical company worker: 191 times, up from 186
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3. Phebe Novakovic
General Dynamics
$20.7 million
Change: Down 2%
Her pay vs typical company worker: 240 times, up from 218
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4. Virginia Rometty
IBM
$17.6 million
Change: Down 3%
Her pay vs typical company worker: 319 times, down from 341
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5. Adena Friedman
Nasdaq
$14.4 million
Change: 0%
Her pay vs typical company worker: 129 times, down from 132
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6. Mary Dillon
Ulta Beauty
$14.2 million
Change: Up 90%
Her pay vs typical company worker: 556 times, up from 275
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7. Susan Griffith
Progressive
$14.2 million
Change: Up 53%
Her pay vs typical company worker: 225 times, up from 136
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8. Vicki Hollub
Occidental Petroleum
$14.1 million
Change: Up 11%
Her pay vs typical company worker: 114 times, up from 110
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9. Lynn Good
Duke Energy
$13.8 million
Change: Down 35%
Her pay vs typical company worker: 119 times, down from 175
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10. Lisa Su
Advanced Micro Devices
$13.4 million
Change: Up 23%
Her pay vs typical company worker: 165 times, up from 121