Pay for top US CEOs hits new high

(Washington) The average compensation of CEOs of the largest American companies soared in 2021 to $ 14.7 million, sixth record in a row, according to a survey by the wall street journal published on Sunday.

Posted at 1:38 p.m.

Between salaries, bonuses, benefits and stock options, the total compensation of a top CEO jumped 12% last year in the wake of a rise in corporate profits, shareholder returns and the rise in share price.

The analyst of wall street journal covers 400 companies.

For two-thirds of CEOs, this compensation largely comes in the form of stock 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.

At the head of the newspaper’s survey for 2021, Peter Kern, boss of Expedia, obtains the first rank with a package of 296 million dollars, while he was appointed in April 2020 to the rescue of the group of sites of travel (Travelocity, Orbitz), strongly affected by the impact of COVID-19.

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 to 4and and 5and rank with approximately $98 million and $84 million, respectively.


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