For its report, As You Sow evaluated the most “overpaid” CEOs of S&P 500 companies. The nonprofit used data to compute what CEO pay would be assuming such pay is related to total shareholder return. The report also considered what percent of company shares were voted against the CEO pay package and the median employee salary.
As You Sow notes some CEOs may no longer hold the positions listed below, as the rankings were calculated using data made available before June 30, 2019.
Here are 16 healthcare CEOs who made As You Sow’s list:
Joseph Hogan (Align Technology)
Pay: $41.8 million
CEO to worker pay ratio: 3,168:1
Excess pay: $27.1 million
Stephen MacMillan (Hologic)
Pay: $42 million
CEO to worker pay ratio: 478:1
Excess pay: $29.1 million
Michael Neidorff (Centene)
Pay: $26.1 million
CEO to worker pay ratio: 396:1
Excess pay: $12.6 million
Leonard Schleifer, MD, PhD (Regeneron Pharmaceuticals)
Pay: $26.5 million
CEO to worker pay ratio: 198:1
Excess pay: $14.5 million
Alex Gorsky (Johnson & Johnson)
Pay: $20.1 million
CEO to worker pay ratio: 268:1
Excess pay: $7.6 million
Kent Thiry (DaVita)
Pay: $32 million
CEO to worker pay ratio: 526:1
Excess pay: $20.5 million
Larry Merlo (CVS Health)
Pay: $21.9 million
CEO to worker pay ratio: 618:1
Excess pay: $10.3 million
John Hammergren (McKesson)
Pay: $18.1 million
CEO to worker pay ratio: 473:1
Excess pay: $6.7 million
R. Milton Johnson (Nashville, Tenn.-based HCA Healthcare)
Pay: $21.4 million
CEO to worker pay ratio: 383:1
Excess pay: $8.1 million
Marc Casper (Thermo Fisher Scientific)
Pay: $18.6 million
CEO to worker pay ratio: 235:1
Excess pay: $5.2 million
Heather Bresch (Mylan)
Pay: $13.3 million
CEO to worker pay ratio: 315:1
Excess pay: $2.8 million
John Milligan, PhD (Gilead Sciences)
Pay: $26 million
CEO to worker pay ratio: 158:1
Excess pay: $14.2 million
David Cordani (Cigna)
Pay: $18.9 million
CEO to worker pay ratio: 298:1
Excess pay: $6.2 million
Kenneth Frazier (Merck)
Pay: $20.9 million
CEO to worker pay ratio: 228:1
Excess pay: $8.2 million
Richard Gonzalez (AbbVie)
Pay: $21.3 million
CEO to worker pay ratio: 143:1
Excess pay: $8.7 million
Ari Bousbib (IQVIA)
Pay: $16.5 million
CEO to worker pay ratio: 182:1
Excess pay: $2.7 million
Access the full list here.
More articles on compensation:
60% of women have never negotiated pay
Women cut gender wage gap in half in 40 years
Mayo Clinic compensation: 5 statistics
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