The list of the highest paid CEOs has once again been dominated by men. This was recorded in the annual survey of compensations from the Associated Press, in which of the 341 CEOs who were included on the list, only 25 are women.
But first of all, where does this list come from? Equilar partnered with the Associated Press to analyze CEO compensation at S&P 500 companiesan activity they have been developing for 14 years.
In the 2024 edition, they identified trends in the compensation granted to each of them; This analysis included CEOs who served in that role at an S&P 500 company for at least two years beginning at the end of the fiscal year 2023.
It is worth mentioning that one of the behaviors pointed out Equilate, the thing is Salaries increased 12.6% in 2023 compared to 2022. Faced with this, they point out that the United States economy presented solid indices.
The above means that in 2023 there was a positive increase when compared to 2022, the year in which remuneration had a growth of 0.9%. In line with the above, Stock awards accounted for approximately 70% of compensation in 2023, which can also explain the positive trend in salaries.
Women’s remuneration is still much lower than that of men
As mentioned above, the 2024 edition reveals that of 341 CEOs on the list, 25 are women. Although this has been the largest number of women in the ranking, it is still very low, since, the second highest count for them included 21 CEOs in 2017.
As if the above were not enough, the woman with the highest compensation in the ranking, Lisa T.Su, He earned US$30.3 million, a figure that is not enough to surpass the CEO who occupies tenth place; Additionally, while the CEO with the best compensation earned US$161.8 million.
Finally, Equilar points out that the State of Virginia is the new home for CEOs. For its part, California got the highest number of CEOs, maintaining its count at 47 compared to the previous year, This is followed by States such as New York, Texas and Illinois, with 33, 28 and 26, respectively.
