It should come as no surprise that it pays to climb your way to the top of the organisational hierarchy. The highest-paid CEOs in the US aren’t necessarily household names – even if their companies might be – but they’re enjoying some pretty sweet pay packages. But, to receive their hefty payouts, CEOs often have to achieve targets such as stock price thresholds.
About halfway through this year’s proxy season, Equilar, the company that analyses data on executive compensation, has revealed that the median compensation package for American CEOs was valued at a cool US$23.7 million in 2023, a jump of 11.4 per cent from the previous year.
The data was based on proxy statements filed through March 31. The jump in compensation was stronger than the 7.7 per cent increase CEOs overall saw at this point last year, according to Equilar data.
Here are some of the highest-paid – and highest-profile – CEOs . 1. Hock Tan, CEO of Broadcom Estimated compensation: US$161.
8 million {"@context":"https://schema.org","@type":"ImageObject","caption":"Hock Tan, CEO of Broadcom Ltd, with former US president Donald Trump at a press conference at the White House, in November 2017. Photo: Bloomberg","url":"https://cdn.
i-scmp.com/sites/default/files/d8/images/canvas/2024/05/23/6b9b06bc-73ee-4385-88e7-467f5870191c_d29fbfc5.jpg"} Hock Tan, CEO of Broadcom Ltd, with former US president Donald Trump at a press conference at the White House, in November 2017.
Photo: Bloomberg The value of Malay.
