Netflix Boss, Malaysian-Born American Among Top 10 Most Paid Male CEOs Of 2023
In contrast, the highest-paid woman in 2023 still fell far short of the lowest-paid man on the list.
2023 was a good year for male chief executives.
The median total compensation for male CEOs of S&P 500 companies jumped nearly 13% last year to USD16.3 million, according to data.
That marks a significant jump from the modest 0.9% rise in 2022, according to executive data firm Equilar.
It said that stock awards made up approximately 70% of total compensation last year.
An interesting aspect of the data released by Equilar is that the highest-paid CEO, who was awarded a nine-figure compensation package totalling USD161.8 million, is a Malaysian-born Chinese-American.
Another interesting fact that emerged from the data is that the highest-paid female CEO in 2023, with a total pay of USD30.3 million, was still nowhere near the lowest-paid man on the list, at USD37.6 million.
Below is the list of the top 10 highest-paid male CEOs
10. William R McDermott
The 62-year-old American businessman is the CEO of ServiceNow, a software company that develops a cloud computing platform to help companies manage digital workflows for enterprise operations.
Mcdermott was paid USD37,606,244.
9. Laurence Neil Hunn
The 49-year-old is the CEO of Roper Technologies, Inc., an American diversified industrial company.
He was paid USD41,295,585.
8. Shantanu Narayen
The 61-year-old Indian-American has been the chairman, president, and CEO of Adobe Inc. since 2007.
He was paid USD44,932,578.
7. Glenn D. Fogel
The 58-year-old is the CEO of Booking Holdings Inc., the travel technology company behind sites like Booking.com, Agoda, and Kayak, among a dozen others.
He was paid USD46,720,734.
6. David M Zaslav
The 64-year-old is the CEO and president of Warner Bros. Discovery, Inc.
He was paid USD49,702,546.
5. Theodore A Sarandos
The 59-year-old is the co-CEO of Netflix, Inc.
He was paid USD49,834,936.
4. Hamid R Moghadam
The 67-year-old Iranian-American is the CEO of Prologis, Inc., the largest logistics real estate company in the world.
He was paid USD50,891,597.
3. Timothy D Cook
The 63-year-old is the CEO of Apple Inc.
He was paid USD63,209,845.
2. William J Lansing
The 63-year-old is the CEO of FICO (Fair Isaac Corporation), a data analytics company.
He was paid USD66,349,962.
1. Tan Hock Eng
Sitting comfortably at the top of the list is the 73-year-old Penang-born CEO of Broadcom Inc., a global semiconductor leader.
He was also the highest-paid CEO in 2017, earning USD103.2 million.
In 2023, he was paid USD161,826,161.
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