Meet 2020’s highest-paid CEOs in every state
CEO pay was determined by adding salary, bonus, stock awards, stock option awards, deferred compensation, other components
Even after a difficult year, CEOs in the U.S. are making plenty of money.
On Friday, the Associated Press and executive data firm Equilar found which CEOs made the most in each state last year.
For its survey, AP and Equilar looked at publicly traded companies with more than $1 billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and April 30.
However, not every state had such a company headquartered there. The survey was not limited to companies in the S&P 500. To be included in the survey, the CEOs had to have been in place for at least two years.
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Equilar calculated CEO pay by adding salary, bonus, stock awards, stock option awards, deferred compensation and other components that include benefits and perks. For some companies, big raises can occur when CEOs get a stock grant in one year as part of a multiyear grant.
Median pay for S&P 500 CEOs was $12.7 million last year, which means half of those CEOs made more than $12.7 million and half made less.
To see which CEOs make the most money in your state, here are the highest-paid CEOs in every state, according to AP and Equilar.
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Edward K. Aldag Jr., Medical Properties Trust, $16.9 million
Joseph M. Hogan, Align Technology, $15.5 million
C. Douglas McMillon, Walmart, $22.6 million
Tony Xu, DoorDash, $413.7 million
Alexander Karp, Palantir Technologies, $1.1 billion
Thomas M. Rutledge, Charter Communications, $38.7 million
Hervé Hoppenot, Incyte, $16.4 million
Andrew C. Florance, CoStar Group, $21.3 million
Frank J. Del Rio, Norwegian Cruise Line, $31.9 million
Michael Hayford, NCR, $28.3 million.
Matthew J. Cox, Matson, $5.1 million
Gregory Q. Brown , Motorola Solutions, $23 million
David Ricks, Eli Lilly, $17.8 million
Daniel Houston, Principal Financial Group, $11.6 million
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Adam M. Aron, AMC Entertainment, $16.9 million
Bruce D. Broussard, Humana, $16.5 million
Jeffrey K. Storey, Lumen Technologies, $17 million
Melissa Smith, WEX, $16.3 million
David Zaslav, Discovery, $37.7 million
Larry Culp, General Electric, $72.7 million
Jay Farner, Rocket Companies Inc., $51.7 million
Brian C. Cornell, Target, $19.8 million
Joe Sanderson Jr., Sanderson Farms, $4.5 million
Michael Neidorff, Centene, $25 million
Lance Fritz, Union Pacific, $13.4 million
Matt Maddox, Wynn Resorts, $18.2 million
G. Manning Rountree, White Mountains Insurance, $7.2 million
Alex Gorsky, Johnson & Johnson, $23.1 million
Patricia K. Collawn, PNM Resources, $9 million
Joseph Levin, IAC/InterActiveCorp, $189.5 million
Brian T. Moynihan, Bank of America, $25.4 million
David L. Goodin, MDU Resources Group, $6 million
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Kevin Stein, TransDigm Group, $22.1 million
Chad Richison, Paycom Software, $211.1 million
Bryan DeBoer, Lithia Motors, $8.3 million
Brian L. Roberts, Comcast, $32.7 million
Brian Goldner, Hasbro, $16.4 million
John D. Williams, Domtar, $6.7 million
Linden R. Evans, Black Hills, $4.1 million.
Samuel N. Hazen, HCA Healthcare, $18.1 million
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Perry A. Sook, Nexstar Media, $23.6 million
Todd R. Pedersen, Vivint Smart Home, $30.1 million
Richard D. Fairbank, Capital One Financial, $20.1 million
Clay B. Siegall, Seagen, $16.5 million
Kevin Conroy, Exact Sciences, $20.1 million
The Associated Press contributed to this report.