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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.

Cover image via Business Insider , Evan Vucci/AP via The Boston Globe , The Software Report

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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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