How does your compensation compare to America’s highest-paid CEOs?
Equilar recently collaborated with The New York Times to provide an analysis of CEO pay at the 100 largest public U.S. companies, measured by revenue, in 2014. Out of the top 100 public executives, seven are associated with the insurance industry.
Overall, median pay rose 6% for public CEOs that served two full fiscal years. Average pay grew by 0.2% for the same group of CEOs. Of the 100 CEOs, nine were women. The highest paid was Meg Whitman of Hewlett-Packard with $19.6 million* in total pay, according to Equilar.
While CEO James Gorman tops the list of bank executives for total compensation in 2014 at around $23 million, he is far behind the top paid -- Microsoft CEO Satya Nadella at $84.3 million. Warren Buffet was the lowest paid CEO at $485,606.
The list does not include JP Morgan Chase & Co. CEO Jamie Dimon who is expected to receive around $20 million in total compensation for 2014 and Bank of America’s CEO Brian Moynihan, who will make around $13 million.
List of top insurance-related company CEOS and their earnings:
- John R. Strangfeld (Prudential): $16.7 million
- Bob Benmosche (AIG) $14.8 million
- Steven A. Kandarian (MetLife) $14.0 million
- David M. Cordani (Cigna) $13.5 million
- Glenn M. Renwick (Progressive) $9.8 million
- Bruce D. Broussard (Humana) $8.8 million
- Warren E. Buffett (Berkshire Hathaway) $485,606
Equilar is a data firm that delivers information on compensation, professional history and wealth events for top executives of publicly traded companies. *All figures are in USD.
Click here to see the full list of top-paid CEOs in 2014.
