AMD’s Lisa Su, Discovery's David Zaslav lead highest paid CEOs list
The highest-paid CEO in 2019, Lisa Su, earned $58.5 million
Discovery Inc. CEO David Zaslav discusses his company getting into the streaming wars and working with Amazon.
Pay for chief executives rose to a median of $12.3 million last year, including salary, stock and other compensation. Median means half were larger, and half were smaller, according to The Associated Press and Equilar, an executive data firm.
The AP’s compensation study covered 329 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.
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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.
Here are the highest paid male and female CEOs in the S&P 500 index for 2019:
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Top female CEOs
1. Lisa T. Su
Lisa Su, president and CEO of AMD, attends the opening bell at Nasdaq, in New York in May 2019. (AP Photo/Mark Lennihan, File)
Advanced Micro Devices
$58.5 million
Change from last year: 338%
Her pay vs typical company worker: 604 times, up from 165
Overall ranking: No. 1
2. Marillyn A. Hewson
Lockheed Martin president and CEO Marilyn Hewson is pictured at the White House in July 2018. (AP Photo/Evan Vucci, File )
$24.4 million
Change from last year: 14%
Her pay vs typical company worker: 200 times, up from 191
Overall ranking: 22
3. Mary T. Barra
General Motors Chairman and Chief Executive Officer Mary Barra speaks during the opening of their contract talks with the United Auto Workers in Detroit in 2019. (AP Photo/Paul Sancya, File)
$21.3 million
Change from last year: -2%
Her pay vs typical company worker: 203 times, down from 281
Overall ranking: 37
4. Virginia M. Rometty
IBM's President and CEO Virginia Rometty leaves after her meeting with France's President Emmanuel Macron at the Elysee Palace in Paris in 2018. (AP Photo/Francois Mori, File)
$19.1 million
Change from last year: 9%
Her pay vs typical company worker: 354 times, up from 319
Overall ranking: 57
5. Phebe N. Novakovic
General Dynamics CEO Phebe Novakovic listens as President Donald Trump speaks during a meeting with manufacturing executives at the White House in 2017. (AP Photo/Evan Vucci, File)
General Dynamics
$17.8 million
Change from last year: -14%
Her pay vs typical company worker: 157 times, down from 240
Overall ranking: 76
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| AMD | ADVANCED MICRO DEVICES INC. | 137.49 | -0.11 | -0.08% |
| LMT | LOCKHEED MARTIN CORP. | 542.34 | +7.45 | +1.39% |
| GM | GENERAL MOTORS CO. | 55.68 | +0.81 | +1.48% |
| IBM | INTERNATIONAL BUSINESS MACHINES CORP. | 222.34 | +7.73 | +3.60% |
| GD | GENERAL DYNAMICS CORP. | 279.80 | -0.18 | -0.06% |
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Top Male CEOs
1. David Zaslav
David M. Zaslav, President and Chief Executive Officer of Discovery Communications, appears on stage at Discovery Communications 2015 Winter TCA in Pasadena, Calif. (Photo by Richard Shotwell/Invision/AP, File)
$45.8 million
Change from last year: -65%
His pay vs typical company worker: 578 times, down from 1,511
Overall ranking: No. 2
2. Robert Iger
Walt Disney Company Chairman and CEO Robert A. Iger is pictured in 2012. (AP Photo/Manuel Balce Ceneta, File)
$45.6 million
Change from last year: -31%
His pay vs typical company worker: 911 times, down from 1,424 times
Overall ranking: No. 3
3. Shantanu Narayen
Shantanu Narayen, Chief Executive Officer of Adobe, is pictured before an American Technology Council roundtable in the State Dinning Room of the White House, in 2017. (AP Photo/Alex Brandon, File)
Adobe Inc.
$39.1 million
Change from last year: 38%
His pay vs typical company worker: 266 times, up from 200
Overall ranking: No. 4
4. Reed Hastings
Netflix Founder and CEO Reed Hastings smiles during an interview in 2017. (AP Photo/Manu Fernandez, File)
$38.6 million
Change from last year: 7%
His pay vs typical company worker: 190 times, up from 178
Overall ranking: No. 5
5. Larry J. Merlo
CVS CEO Larry Merlo listens during a meeting with President Donald Trump about coronavirus testing in April. (AP Photo/Evan Vucci, File)
$36.5 million
Change from last year: 66%
His pay vs typical company worker: 790 times, up from 618
Overall ranking: No. 6
Note: CVS Health says pay figures filed in its proxy are misleading, in part because of a recent change in how it reports executive compensation. It says Merlo’s pay was “relatively consistent” with the two years prior after excluding some one-time events and that his pay ratio narrowed to 425 last year.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DISCA | NO DATA AVAILABLE | - | - | - |
| DIS | THE WALT DISNEY CO. | 114.70 | +0.43 | +0.38% |
| ADBE | ADOBE INC. | 504.44 | +4.94 | +0.99% |
| NFLX | NETFLIX INC. | 897.48 | +13.63 | +1.54% |
| CVS | CVS HEALTH CORP. | 57.10 | +0.27 | +0.48% |