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Alphabet, Intel and Microsoft topped the list of the most paid executives in the USA
26.12.2021 [19:22],
Konstantin Khodakovsky

CEOs are the highest-ranking corporate executives and are often remunerated according to their status. The 350 largest US companies had an average CEO income of $ 14.5 million in fiscal 2021. It will take the typical American 400 years to make that amount.

Getty Images

However, not all CEOs are created equal. In some of the largest companies in the United States, they earn much more. USA Today has compiled a list of the highest paid executives based on financial information submitted to the US Securities and Exchange Commission by all US public companies. In addition to the amount of remuneration for the year, they provided data on the volume of the company’s revenue for the last financial year, as well as the ratio of the top executive to the salary of a typical employee of the company. Most of those at the top of the rankings work in high tech or financial services.

The vast majority of ordinary Americans are paid primarily through wages. This is not the case for CEOs of large corporations. Typically, multimillion-dollar reward packages consist primarily of stock options and performance-based incentives. Their base salary is often less than $ 1.5 million and represents a relatively small share of total income.

Sundar Pichai (Justin Sullivan / Getty Images)

The first place on the list was taken by Sundar Pichai, CEO of Alphabet – in the 2021 fiscal year he received $ 280,621,552 on the company’s total revenue of $ 161.9 billion. This CEO’s pay ratio is about 1,085 times that of a typical employee. The overwhelming majority of this money – about $ 277 million – came in the form of shares associated with the recent promotion of a leader. Mr Pichai has been the CEO of Google since 2021 and was named CEO of Alphabet in December 2021. At the same time, the base salary of a manager is $ 650,000. And the previous chapter and Alphabet co-founder Larry Page had a base salary of just $ 1. Several antitrust lawsuits have been filed against Google at this time.

Robert Swan (Intel)

Intel CEO Robert Swan received an annual compensation of $ 66,935,100 (695 times more than an ordinary employee) on the company’s revenue of $ 72 billion. Intel CEO is the second-highest paid executive in the United States. In addition to a base salary of $ 1.2 million, Mr. Swan received another $ 62 million in shares and $ 3.7 million in incentives. He took over as head of Intel on January 31, 2021, before that for seven months he served as the interim CEO of the company, and even before that he was the CFO. Intel’s stock price is volatile today, although it has risen 4% during Robert Swan’s leadership. Intel has either met or exceeded earnings forecasts in each of the last four quarters.

Satya Nadella (gamespot.com)

Third place belongs to Microsoft CEO Satya Nadella, who earned $ 42,910,215 in a year on $ 143 billion in company revenue – 249 times that of the average employee. This is 66% more than he earned a year earlier. The markup is related to the value of the stock options granted to him. Microsoft’s share price has more than doubled over the past two years. Mr. Nadella joined Microsoft in 1992 and became CEO in 2021. Microsoft has already filed financial statements for the 2021 fiscal year, and this year the head earned even more – $ 44.3 million.

Charles Robbins (Theo Wargo / Getty Images)

Other leaders on the list include, for example, Charles Robbins of Cisco Systems with his 10th place and $ 25,829,833 (182 times the average employee) with company revenue of $ 49.3 billion, or Mark Zuckerberg in 16th place with an annual salary of $ 23,415,973 (“only” 94 times the average employee) with Facebook revenues of $ 70.7 billion.

Mark Zuckerberg (Engadget)