The highest-paid CEOs by state; Regions Financial’s Hall the highest paid in Alabama
Published 8:30 am Friday, May 25, 2018
Here are the top-paid CEOs by state for 2017, as calculated by The Associated Press and Equilar, an executive data firm.
The survey considered only publicly traded companies with more than $1 billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and April 30. Not every state had a publicly traded company headquartered there that was large enough to be included. The survey includes only CEOs who have been in place for at least two years, but it does not limit the survey to companies in the S&P 500, as the AP’s general compensation study does.
To calculate CEO pay, Equilar adds 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 multi-year grant.
The typical CEO in the Standard & Poor’s 500 index made $11.7 million last year.
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Alabama: O. B. Grayson Hall Jr., Regions Financial, $9.4 million (Hall is stepping down in July.)
Arkansas: C. Douglas McMillon, Walmart, $22.8 million
Arizona: Richard C. Adkerson, Freeport-McMoRan, $16.2 million
California: Michael Rapino , Live Nation Entertainment, $70.6 million
Colorado: Gregory B. Maffei, Liberty Media & Qurate Retail Group, $67.6 million
Connecticut: Mark T. Bertolini, Aetna, $18.7 million
Washington, D.C.: Thomas P. Joyce, Danaher, $14.8 million
Delaware: Hervé Hoppenot, Incyte, $16.1 million
Florida: Brian D. Jellison, Roper Technologies, $29.2 million
Georgia: Frank J. Bisignano, First Data, $102.2 million
Hawaii: Constance H. Lau, Hawaiian Electric Industries, $5.4 million
Iowa: Daniel J. Houston, Principal Financial Group, $9.4 million
Idaho: Thomas K. Corrick , Boise Cascade , $4.1 million
Illinois: Debra A. Cafaro, Ventas, $25.3 million
Indiana: N. Thomas Linebarger, Cummins, $13.2 million
Kansas: Michael J. Brown, Euronet Worldwide, $3.9 million
Kentucky: Scott L. Thompson, Tempur Sealy International, $18 million
Louisiana: Glen F. Post III, CenturyLink, $14.3 million (Post retired at the company’s annual meeting, which was on Wednesday.)
Massachusetts: Stephen Kaufer, TripAdvisor, $43.2 million
Maryland: David M. Zaslav, Discovery Communications, $42.2 million
Maine: Melissa D. Smith, WEX, $10.8 million
Michigan: Mary T. Barra, General Motors, $21.9 million
Minnesota: James M. Cracchiolo, Ameriprise Financial, $22.4 million
Missouri: Michael F. Neidorff, Centene, $25.3 million
Mississippi: Joe F. Sanderson Jr., Sanderson Farms, $6.6 million
North Carolina: Brian T. Moynihan, Bank of America, $21.4 million
North Dakota: David L. Goodin, MDU Resources Group, $3.7 million
Nebraska: Lance M. Fritz, Union Pacific, $11.3 million
New Hampshire: Timothy McGrath, PC Connection, $1.6 million
New Jersey: Alex Gorsky, Johnson & Johnson, $23 million
New Mexico: Patricia K. Collawn, PNM Resources, $4.4 million
Nevada: Stephen A. Wynn, Wynn Resorts, $34.5 million (Wynn left the CEO position in February.)
New York: Leslie Moonves, CBS, $68.4 million
Ohio: W. Nicholas Howley, TransDigm Group, $61 million
Oklahoma: Robert D. Lawler, Chesapeake Energy, $14.9 million
Oregon: Bryan B. DeBoer, Lithia Motors, $5.9 million
Pennsylvania: Brian L. Roberts, Comcast, $32.5 million
Rhode Island: Scott C. Donnelly, Textron, $13.1 million
South Carolina: John D. Williams, Domtar, $7 million
South Dakota: David R. Emery, Black Hills, $3.4 million
Tennessee: Mark J. Costa, Eastman Chemical, $14 million
Texas: Randall L. Stephenson, AT&T, $25.6 million
Utah: Harris H. Simmons, Zions, $3.2 million
Virginia: Phebe N. Novakovic, General Dynamics, $21.2 million
Washington: John J. Legere, T-Mobile US, $23.6 million
Wisconsin: Jonas Prising, ManpowerGroup Inc., $12 million