Report: Highest-paid female CEO of 100 largest US companies made more than $40M in 2016

Female CEOs at the 100 largest U.S. companies outpaced their male counterparts in terms of average total compensation in 2016, according to a recent report by Equilar.

The nine female CEOs listed were originally cited among the research firm's annual Equilar 100, a list of CEO pay packages at the 100 largest U.S. companies.

An analysis of the data revealed the top nine female CEOs received an average total compensation of $23.1 million in 2016, compared to their male counterparts who received an average total compensation of $16 million.

Female CEOs' average total compensation in 2016 also increased from the previous year's average total compensation of $22.7 million, according to the report.

Here are the nine highest-paid female CEOs at the 100 largest U.S. companies for 2016, as reported by Equilar.

  1. Safra Catz (Oracle) — $40,943,812
  2. Margaret Whitman (Hewlett Packard Enterprise) — $32,935,138
  3. Virginia Rometty (IBM) — $32,307,434
  4. Indra Nooyi (PepsiCo) —  $25,168,597
  5. Phebe Novakovic (General Dynamics) — $21,202,838
  6. Marillyn Hewson (Lockheed Martin) — $19,422,118
  7. Irene Rosenfeld (Mondelez International) — $15,840,326
  8. Lynn Good (Duke Energy) — $13,458,982
  9. Susan Griffith (Progressive) — $6,864,146

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