CEO compensation at S&P 500 companies rose 9.7% in 2024, according to an annual study from Equilar and The Associated Press.
The May 29 analysis includes CEOs who served at an S&P 500 company for at least two years and whose company filed a proxy statement between Jan. 1 and April 30.
The median total compensation for the CEOs in the study was $17.1 million in 2024 — a nearly 10% increase from 2023. The prior year saw a large jump, with compensation rising 12.6% from 2022.
Stock awards made up the largest portion of pay, accounting for 71.6% of median compensation.
Here are the 10 highest-paid S&P 500 CEOs in 2024, based on total compensation:
Patrick Smith
Axon Enterprise
Total compensation: $164,525,721
H. Lawrence Culp Jr.
General Electric
Total compensation: $87,393,876
Timothy Cook
Apple
Total compensation: $74,609,802
David Gitlin
Carrier Global
Total compensation: $65,554,845
Theodore Sarandos
Netflix
Total compensation: $61,922,397
David Simon
Simon Property Group
Total compensation: $61,394,770
Marc Benioff
Salesforce
Total compensation: $55,074,656
Shantanu Narayen
Adobe
Total compensation: $52,390,182
David Zaslav
Warner Bros. Discovery
Total compensation: $51,918,563
Glenn Fogel
Booking Holdings
Total compensation: $44,837,665
