New record for top CEO compensation in 2021

Sixth record in a row… The average compensation of CEOs of the largest American companies soared in 2021 to $14.7 million, according to a survey by the Wall Street Journal published on Sunday.

Between salaries, bonuses, benefits and stock options, a top CEO’s total compensation jumped 12% last year on rising corporate profits, shareholder returns and rising stock prices. of scholarship.

Compensation largely in the form of shares and stock options

The Wall Street Journal analyst covers 400 companies. For two-thirds of CEOs, this compensation largely comes in the form of shares or stock options invested over several years. Without these portfolios, the average salary of top American bosses sits at $3.1 million.

The first 25 executives received total compensation of $35 million annually. The highest paid are in the information technology or media sector.

Since the beginning of the year, however, the stock markets have experienced a severe fall which could affect this ranking in 2022.

The boss of Expedia in the lead

At the head of the newspaper’s survey for 2021, Peter Kern, boss ofExpediaobtains the first rank with a package of 296 million dollars, while he was named in April 2020 to the rescue of the group of travel sites (Travelocity, Orbitz), strongly affected by the impact of the Covid.

Then comes the head of Warner Bros. Discovery, David Zaslav, who garnered compensation of $246 million. Apple’s Tim Cook and JPMorgan Chase bank boss Jamie Dimon come in 4th and 5th place with around $98 million and $84 million, respectively.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.